Hey investors, how do you see it now with companies like $VALE+2.6% and $RIO+2.4%? I see that both are losing a few percent over the last month, but I can't quite track down the reasons why. I'm more interested though, what do you think of the current valuation?
Open $72.99
Day range $72.78 - $73.64
52 week range $58.27 - $75.09
So that price is fine for me to buy. The stock has been dropping quite a bit lately, so why not. But there's just a lot of questions and why it's falling and whether the upside potential is there.