Bradespar traded at 22.78 this Wednesday June 3rd, decreasing 0.83 or 3.52 percent since the previous trading session. Looking back, over the last four weeks, Bradespar lost 1.11 percent. Over the last 12 months, its price rose by 44.63 percent. Looking ahead, we forecast Bradespar to be priced at 22.61 by the end of this quarter and at 20.78 in one year, according to Trading Economics global macro models projections and analysts expectations.
Bradespar SA is a Brazil-based holding company. The Company's main activity is to participate in other companies as a partner or shareholder. Through its affiliate Valepar SA, the Company holds stake in Vale SA, an entity that specializes in the research, manufacture and sell of iron ore and pellets, nickel, fertilizer, copper, coal, manganese, iron alloys, cobalt, platinum group metals and precious metal, among others. Through its subsidiary Antares Holdings Ltda, the Company holds stake in CPFL Energia SA, an entity that focuses on the distribution, generation and commercialization of electric energy in Brazil.