Trading At A Mere 4x Earnings, Is VALE Stock A Buy?
- Thursday, June 30, 2022, 7:30
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The shares of VALE (NYSE: VALE) one of the world’s largest producers of iron ore and nickel, with operations largely based in Brazil, have gained about 9% year-to-date, although they remain down by almost 30% from levels seen in early April, roughly tracking the movement in iron ore prices.
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