Vale reported weak Q3 results due to lower iron ore prices amid weak Chinese steel demand and rising supply pressures. However, the company's Base Metals segment, driven mainly by copper, now contributes nearly one-third of EBITDA, reducing reliance on iron ore. Vale's valuation has become more attractive with a forward EV/EBITDA of 4x and potential upside of 27%–33% under reasonable rerating assumptions. Historically, such cyclical downturns have presented good buying opportunities, suggesting it may be a favorable time to accumulate Vale shares again.
Vale shares trade at USD 10.99 on Pluang as of Oct 30, 2026 20:12 WIB, down 1.70% in the last day. The stock shows a dividend yield of 10.65%, attracting a majority of buyers with 66% of order activity favoring purchases. Typical hold time on Pluang is 111 days, indicating moderate investor confidence despite recent price weakness.
