Vale SA (ADR) (NYSE:VALE) has reported weak Q4 earnings that fell below consensus estimates with earnings per ADR coming in at 62 cents against consensus estimates of 64 cents. The company year over year earnings were heavily bolstered by the massive improvement in the company’s revenues as well as reduced operating costs. Earnings per ADR for the full year clocked in at $2.38 an increase of 14.4% compared to the prior year same quarter and slightly above Zacks consensus estimates of $2.37. Vale SA (ADR) (NYSE:VALE) stock opened at $13.43 in last session, and closed at $13.04, while the day range of VALE stock is $13.00-$13.44. The stock showed a negative weekly performance of -7.97%.
TD Securities’ research analysts lowered their PT on Turquoise Hill Resources Ltd (NYSE:TRQ) shares from C$4.50 down to C$4.25 in the research note that was issued to the investors. Currently, the firm has a rating of “hold” on the stock. TD Securities’ PT would suggest a potential-upside of 19.38 percent from the previous close of the stock. Recently, numerous firms have weighed on Turquoise Hill Resources Ltd (NYSE:TRQ) stock. Analysts at the BMO Capital Markets firm upgraded Turquoise Hill Resources Ltd (NYSE:TRQ) shares from a “market perform” to an “outperform” rating in the research note on 17 December and they currently have a price target of $4.50 on the stock, which is down from the previous C$5.50. Turquoise Hill Resources Ltd (NYSE:TRQ) stock opened at $4.34, in last session and closed at $4.08, by loosed -1.45%. The 52 week range was $3.01-$7.79. Company’s market capitalization is $8.21 billion.
Zacks reissued their outperform rating on shares of Rio Tinto plc (NYSE:RIO) in a research note released on Wednesday morning, StockRatingsNetwork.com reports. They currently have a $72.00 target price on the stock. Rio Tinto plc (ADR) (NYSE:RIO) stock loosed -3.54% and finished the last session at $53.39. The EPS of the stock remained 1.98. Company’s market capitalization is $98.73 billion.
BHP Billiton Limited (ADR) (NYSE:BHP) shares have been quite volatile over the last six month but failed to deliver a meaningful return for shareholders. The stock is up 0.57% over the last half year while its twelve-month trailing stock return stands at minus 9%. BHP Billiton Limited (ADR) (NYSE:BHP) stock opened the session at $67.73, and closed the session at $66.71.The 52 week range of the BHP stock remained $55.66-$74.44 and the day range was $66.29-$67.73.