Vale (VALE) The Brazilian Huge Iron Ore Producer is at 80% off

Vale was trading 10 years ago at $60 USD  dollars, now its trading at $8 USD .  It lost $1.6 billion last quarter (Adjusted earnings per share of 61 cents) but it is essentially a government company.  Iron ore is trading at $56 USD dollars per dry metric ton as of March 2015 while it was trading at $100 USD per dry metric ton in March of 2014.  This is a significant downtrend but in 2005 it was trading at $33 so its only up 66% in the last 10 years.

Furthermore Vale is going to increase production from 350 million tons to 450 million tons in the next several years.  Right now last quarter it produced Q1 2015 it produced 74.5 million metric tons of Iron ore, its most ever.

This is an expanding company that was worth $200 billion 10 years ago and is now worth $37 billion in 2015, even though they have significantly increased production.

Furthermore Vale has a has a 4.81% dividend that may be cut but is still pretty spiffy.

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