TheStreet Ratings team reiterates VALE SA as a Hold with a ratings score of C. Vale SA (ADR)(NYSE:VALE) stock opened today at $13.25 and is currently trading at $13.31. The stock showed a positive weekly performance of 2.74%.
Exxon Mobil Corporation (NYSE:XOM), the world’s largest publicly traded oil company by market value, posted lower-than-expected quarterly profit on Thursday as it failed to offset declining production but spent heavily to find fresh reserves. The problem of declining production at legacy oil and natural gas wells has become endemic for multinational energy groups, which have tried to offset the trend by launching massive and risky exploration projects. Exxon Mobil Corporation (NYSE:XOM) stock opened at $92.82, in current trading session and currently is at $91.90, by losing -2.34%. The 52 week range of $84.79 – $101.74. Company’s market capitalization is $401.34 billion.
Newmont Mining Corp (NYSE:NEM) said on Thursday it produced 1.5 million ounces of gold in the fourth quarter, resulting in full-year output of 5.1 million ounces, at the top end of the company’s forecast range. The Denver-based miner said it also produced 38 million pounds of copper during the fourth quarter, bringing its full-year output to 144 million pounds. Newmont Mining Corp (NYSE:NEM) stock is open at $23.72 and currently trading at $23.21. The EPS of the stock is -1.48. Company’s market capitalization is $11.59 billion.
Goldcorp Inc. (USA) (NYSE:GG)’s C$2.72 billion ($2.43 billion) hostile bid for Canada’s Osisko Mining Corp. (OSK) has priced in the gold market and will succeed, said the chairman of Sprott Asset Management, an Osisko shareholder. Goldcorp Inc. (USA) (NYSE:GG) stock opened the session at $24.46, and now is at $24.48. The 52 week range of the GG stock remained $20.54 – $36.46 and the day range was $24.37 – $24.60.