NYSE:CLFMetals and Mining
Cleveland-Cliffs (CLF): Evaluating Valuation After Narrower Loss and Cost-Cutting Guidance
If you are following Cleveland-Cliffs (NYSE:CLF), the latest quarterly report likely caught your eye. The company posted a narrower-than-expected adjusted loss, and revenue actually beat expectations, despite falling from last year’s levels. The management team responded quickly by cutting its full-year 2025 guidance for capital expenditures and operating expenses, aiming to squeeze more efficiency out of its steelmaking operations. For investors, this combination of tightening the financial...