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Bullboard - Stock Discussion Forum Vale ADR Representing One Ord Shs VALE

Consumer Cyclical Steel Steel
Vale SA, formerly Companhia Vale do Rio Doce, is a Brazil-based metal and mining company which is primarily engaged in producing iron ore and nickel. The Company also produces iron ore pellets, copper, platinum group metals (PGMs), gold, silver and cobalt. Vale is engaged in greenfield mineral exploration in five countries and operates logistics systems in Brazil and other regions in the world,... see more

NYSE:VALE - Post Discussion

Vale ADR Representing One Ord Shs > Massive turn-around soon
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Post by BSdetector2016 on Oct 05, 2021 2:45pm

Massive turn-around soon

This stock has been beaten-up, some of it for good reason: 
  • Iron ore exposure / China slow down.
  • Totten shaft incident.
  • Onca Puma Nickel operations halted as license to mine suspended.
  • It has already death-crossed.
Seasonality should kick-in soon, partly assisted by copper.
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Vale ADR Representing One Ord Shs
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