Shares of Vale ADR Representing One Ord Shs （NASDAQ: VALE） hit a new 52-week high on Wednesday. The stock traded as high as $35.85 during mid-day trading and last traded at $35.79. The stock previously closed at $35.82.
Vale S.A. is a metals and mining company. The Company is also a producer of iron ore and iron ore pellets. It also produces manganese ore, ferroalloys, bauxite, alumina and kaolin. It also produce aluminum, copper, coal, potash, cobalt, platinum group metals （PGMs） and other products. The Company operates large logistics systems in Brazil, including railroads, maritime terminals and a port, which are integrated with its mining operations. Directly and through affiliates and joint ventures, it has investments in the energy and steel businesses. Its principal nickel mines and processing operations are conducted by its wholly owned subsidiary Vale Inco Limited （Vale Inco）, which has mining operations in Canada, Indonesia and New Caledonia. The Company is engaged in bauxite mining, alumina refining, and aluminum metal smelting. In September 2009, Rio Tinto Limited completed the sale of its Corumba iron ore mine in Brazil and the associated river logistics operations to Vale S.A.
Vale ADR Representing One Ord Shs （NASDAQ: VALE） traded up 0.00% during mid-day trading on Wednesday. The stock has a 52 week low of $23.58 and a 52 week high of $35.83. Its 50-day moving average is $33.47 and its 200-day moving average is $30.12. The company has a market cap of $188.3 billion and a price-to-earnings ratio of 13.46.
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