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Why Vale's Turnaround Looks Unikely

April 27, 2014 | About:

2013 was a rough year for most mining companies. Metal prices have dropped and there are little or no signs of a rebound. The drop in metal prices has had a big negative impact on Vale (NYSE:VALE) as the company's stock has witnessed a drop of approximately 27% in 2013.

Rating: 3.0/5 (1 vote)



Praveen Chawla
Praveen Chawla premium member - 2 years ago

Does not look like price has bottomed out. Should be interesting <$10.

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