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| Name | Symbol | Market | Type |
|---|---|---|---|
| Vale SA | NYSE:VALE | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.2286 | 1.90% | 12.2886 | 12.35 | 12.16 | 12.18 | 21,435,374 | 00:45:13 |
From Apr 2019 to Apr 2024
By Rogerio Jelmayer
SAO PAULO--Brazilian mining giant Vale SA posted a net loss in the first quarter, as low global demand reduced iron-ore prices in the period.
Vale, which is the world's largest iron-ore producer, reported a first-quarter net loss of $3.1 billion, reversing a net profit of $2.5 billion in the first quarter of 2014.
The company's net revenue dropped 34% to $6.24 billion.
Its earnings before interest, taxes, depreciation and amortization, or Ebitda, tumbled 61% in the period to $1.6 billion.
Write to Rogerio Jelmayer at rogerio.jelmayer@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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