The mining giant Vale receives several analyst upgrades - stock poised for breakout from base!

The stock of the mining giant Vale from Brazil has recently been upgraded by several analysts. The company is primarily known for its extensive iron ore mining activities. Vale extracts and processes iron ore, which is used in steel production, and is one of the largest iron ore producers in the world. Although iron ore is a main activity, the company is also involved in other areas of mining, extracting and processing metals such as nickel, copper, aluminum, and coal, as well as various minerals. While there is a certain risk due to a declining...