- Vale S.A has had great growth and profitability metrics in the last 2 years, but the growth metrics are slowing;
- The company’s stock price fell with the iron ore market prices in 2021 but rose over 56% to date along with the increasing prices;
- The global iron ore prices are subject to massive volatility in 2022, and the Chinese market has shrouded the forecasts with ambiguity;
- The heavy volatility surrounding the iron ore prices are likely to weigh heavily on the stock prices, and I would hold my shares until later in the year when the iron ore market starts showing signs of stability.
For further details see:
Vale S.A: Headwinds Of Volatility In 2022