Added to YB: 2024-07-17
Pitch date: 2024-07-16
VALE [bullish]
Vale S.A.
+66.46%
current return
Author Info
Investing Lawyer is documenting the process of building an investment portfolio producing monthly (net) passive income of 1,000 euros. Sign up for the newsletter.
Company Info
Vale S.A., together with its subsidiaries, produces iron ore and nickel in Brazil, Asia, the Middle East, North Africa, Europe, the Americas, and Oceania.
Market Cap
BRL 339.6B
Pitch Price
BRL 9.70
Price Target
N/A
Dividend
6.88%
EV/EBITDA
5.47
P/E
24.63
EV/Sales
1.96
Sector
Metals and Mining
Category
dividend
Stock Investment: Vale S.A. - $VALE
VALE: Brazilian iron/nickel miner w/ moat (high entry costs). Strong financials, experienced mgmt. NYSE listing mitigates forex risk. Risks: political instability, commodity price fluctuations. 200 shares @ $11.2, expected 15% dividend yield (~$300/yr). Top 3 global player w/ Rio Tinto & BHP. Predictable cashflow, low-med debt.
Read full article (2 min)