5 Best Mineral Stocks To Buy Now

4. Vale S.A. (NYSE:VALE)

Number of Hedge Fund Holders: 27   

Vale S.A. (NYSE:VALE) is a Brazilian mining firm primarily engaged in the iron business. The company recently sold a sizable stake in Mosaic, a crop nutrients firm that more than doubled in value over the past few months amid an increase in fertilizer prices, for $1.26 billion. The company said that the sale reflected a strategic choice to focus capital allocation towards the core business. 

After posting healthy gains in the past few months, Vale S.A. (NYSE:VALE) has dipped in recent weeks after China moved to crackdown on the minerals and energy industry in the country. However, the firm still posted a 17% year-on-year gain in revenue for the third quarter. 

Among the hedge funds being tracked by Insider Monkey, Florida-based investment firm GQG Partners is a leading shareholder in Vale S.A. (NYSE:VALE) with 43 million shares worth more than $998 million.