Companhia Vale Ads (NYSE:VALE)

CAPS Rating: 4 out of 5

A leading producer and exporter of iron ore and pellets, Vale has mining operations in 21 countries.


Player Avatar BobCheck (< 20) Submitted: 11/17/2012 11:13:24 AM : Outperform Start Price: $17.09 VALE Score: +13.73

It is largely dependent on iron ore (steel) for profits and sales to China, but it is not as lopsided as one might think from reading their last quarterly report. Although they apparently don't break out their profits along the type of mineral they mine, they do break out revenue and where the mineral is sold so iron ore is about 60% and then China 35% of that 60% (something like that). Plus they pay an excellent dividend and have a low PE ratio.

Featured Broker Partners