NYSE:CLFMetals and Mining
Is Cleveland Cliffs (CLF) Offering Value After A 47% One Year Share Price Gain
If you are wondering whether Cleveland-Cliffs is priced attractively right now, this article walks you through what the current share price might be implying about the company.
The stock recently closed at US$14.73, with returns of 7.0% over 7 days, 22.3% over 30 days, 8.3% year to date and 46.7% over 1 year. The 3 year and 5 year returns stand at 26.1% and 11.3% declines respectively.
These moves sit against a broader backdrop where investors continue to reassess US steel and iron ore...