Shares of Vale SA (ADR) (NYSE:VALE), have earned an average rating of “Hold” from the fourteen brokerages that are currently covering the company, Stock Ratings Network.com reports. One analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and four have issued a buy recommendation on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $16.69. Vale SA (ADR) (NYSE:VALE), net profit margin is 4.20% and weekly performance is 4.39%. On last trading day company shares ended up $14.03. Analysts mean target price for the company is $17.12. Vale SA (ADR) (NYSE:VALE), distance from 50-day simple moving average (SMA50) is 6.05%.
Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), made an important announcement this week that should come as good news for shareholders. The company’s CEO said she don’t expect to issue new shares that would have a dilutive impact on the stock before 2030. The company has 2030 as the end horizon of its long-term business plan. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), advanced 0.35% in last trading session and ended the day on $14.49. PBR, Gross Margin is 22.90 and its return on assets is 2.80%. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), quarterly performance is 10.27%.
Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX), is looking to sell its large Candelaria copper mine in Chile, an asset sale that could raise several billion dollars, according to people familiar with the matter. Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX), shares moved up 1.80% in last trading session and was closed at $38.51, while trading in range of $38.03 – 38.59. Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX), year to date (YTD) performance is 3.91%.
On June 26, 2014, Alcoa Inc (NYSE:AA), has agreed to acquire British jet-engine manufacturer, Firth Rixson, in a cash-and-stock deal worth $2.85 billion, reported Bloomberg. The deal indicates Alcoa’s plans to further expand into the downstream business; it already serves the automobile and construction industries. Alcoa Inc (NYSE:AA), ended the last trading day at $14.98. Company weekly volatility is calculated as 1.42% and price to cash ratio as 26.41. Alcoa Inc (NYSE:AA), showed a positive weekly performance of 0.27%.
Barrick Gold Corporation (USA) (NYSE:ABX), is looking to sell its Golden Sunlight mine in Montana, according to people familiar with the matter, continuing a two-year-long drive to shed noncore assets. Barrick Gold Corporation (USA) (NYSE:ABX), net profit margin is -94.70% and weekly performance is 2.39%. On last trading day company shares ended up $18.44. Analysts mean target price for the company is $20.55. Barrick Gold Corporation (USA) (NYSE:ABX), distance from 50-day simple moving average (SMA50) is 8.24%.