Vale ADR Representing One Ord Shs VALE

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, including railroads, maritime terminals and ports, which are integrated with mining operations. In addition, Vale has distribution centers to support the delivery of iron ore worldwide. Vale has numerous subsidiaries, including Vale Logistica Uruguay SA, Vale Holdings BV, Vale Overseas Ltd. The Company’s operations abroad cover approximately 30 countries.

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Vale ADR Representing One Ord Shs

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Post by EquityScout411on Nov 20, 2024 3:36pm

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Monitoring for Short Opportunities

For now, I see a global downtrend with minor pullbacks—essentially corrections. I don’t see any strong buy signals at the moment. Just observing... I might consider short positions as an option.

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