Guru Stocks Hit 52-Week Lows, Rio and Vale

Forbes reported several stocks reached a 52-week low including Rio Tinto (NYSE:RIO) and Vale (SAO:VALE5), according to GuruFocus.

As quoted in the market news:

Vale SA (VALE) Reached the 52-Week Low of $16.36

The prices of Vale SA (VALE) shares have declined to close to the 52-week low of $16.36, which is 43.2% off the 52-week high of $28.24. Vale SA is owned by 14 Gurus we are tracking. Among them, 8 have added to their positions during the past quarter. 4 reduced their positions.

Click here to read the Forbes report.