Vale (Vale3) retreats more than 2% after 1T25; Is it time to buy or sell? - Global Happenings
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3 Articles
Vale (Vale3) retreats more than 2% after 1T25; Is it time to buy or sell? - Global Happenings
(Image: Reuters/Adriano Machado) Vale (Vale3) shares retreated more than 2% on Friday (25), after the company reported a balance of the first quarter in part evaluated as weak. Analysts follow with the recommendation of purchase or maintenance of the papers. The company dropped 17% in net income, at $ 1.39 billion, slightly below expected. Company’s adjusted EBITDA retreated 9%, $ 3.11 billion, while net sales revenue was low of 4%to US $ …
Vale reports 17% drop in Q1 2025 net income amid lower iron ore prices
Brazil-based iron ore producer Vale has reported a 17% decrease in net income for the first quarter (Q1) 2025, ending 31 March, primarily due to lower iron ore prices.The post Vale reports 17% drop in Q1 2025 net income amid lower iron ore prices appeared first on Mining Technology.
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