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Wednesday 17 June 2015
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Active Stocks Under Review: Vale, (NYSE:VALE), Barrick Gold Corporation, (NYSE:ABX), The Bank of New York Mellon Corporation, (NYSE:BK)

On Thursday, Shares of Vale S.A. (NYSE:VALE), gained 1.33% to $6.86.

The stock has the beta value of 1.50, and its volatility for the week is 3.28%, while for the month it is 3.96%. The company has the market capitalization of $34.19B. The company holds the book value per share of 14.81, whereas cash per share is 0.74. Price to book ratio remained 0.46, while price to sale ratio is 1.00. Analysts mean recommendation for the stock is said to be 3.60. (where 1=Buy, 5=sale).

Vale S.A., together with its auxiliaries, engages in the research, production, and sale of iron ore and pellets, nickel, fertilizer, copper, coal, manganese, ferroalloys, cobalt, platinum group metals, and precious metals in Brazil and internationally. Its Bulk Material segment produces and extracts iron ore and pellet.

Shares of Barrick Gold Corporation (NYSE:ABX), declined -3.10% to $11.27, during its last trading session, as Gold prices were lower, ending a three-day winning streak, as global stock markets and the US dollar rose following some strong US economic data.

Spot gold was down 0.4 per cent at $US1,181.30 an ounce, while US gold futures for August delivery settled down $US6.20 an ounce at $US1,186.60.

Barrick Gold Corporation produces and sells gold and copper. The company is also involved in exploration and mine development activities. It conducts mining, development and exploration, and other activities in various countries, counting the United States, Canada, Australia, Argentina, Chile, Peru, the Dominican Republic, Papua New Guinea, Tanzania, Zambia, and Saudi Arabia.

Finally, The Bank of New York Mellon Corporation (NYSE:BK), ended its last trade with 0.32% gain, and closed at $43.88, as financial stocks added to slim gains in late trade Thursday, with the NYSE Financial Sector Index rising 0.3% and the S&P Financial 100 Index also advancing 0.3%.

The Bank of New York Mellon Corporation, an investment company, provides financial products and services to institutions, corporations, and high net worth individuals in the United States and internationally. It operates through two segments, Investment Administration and Investment Services.

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This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.




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