Vale Stock: Base Metals Are Supporting The Multiple (NYSE:VALE)
· seekingalpha.com
Vale’s earnings mix is shifting as base metals (copper) gains importance, but iron ore prices and costs still cap upside. Read here for more on VALE stock.
In April of this year, I wrote an article about Vale SA ( VALE ) entitled "A Re-Rating Without A Cycle Shift Into Q1" , where I laid out a bearish thesis arguin...