ENXTAM:MTMetals and Mining
Is It Too Late To Consider ArcelorMittal (ENXTAM:MT) After Its 138% One Year Surge?
Investors may be wondering whether ArcelorMittal at €51.50 is still offering value after its strong run, or if the easier gains are already behind it.
The stock has recent returns of 10.4% over 7 days, 11.9% over 30 days, 29.2% year to date, 138.5% over 1 year, 102.4% over 3 years and 122.6% over 5 years. This naturally raises questions about how the current price lines up with the underlying business.
Recent coverage has focused on ArcelorMittal's position as a major global steel producer...