NYSE:CLFMetals and Mining
Is Cleveland Cliffs (CLF) Attractive After Recent Share Price Pullback And DCF Valuation Gap
If you are wondering whether Cleveland-Cliffs at around US$12.04 is a bargain or a value trap, you are in the right place to size up what the current price actually reflects.
The stock has had a mixed run, with a 9.3% decline over the last 7 days and a 2.7% decline over 30 days, yet it still shows a 23.5% return over 1 year and longer term 3 year and 5 year returns of 37.4% and 32.3% declines.
Recent attention on Cleveland-Cliffs has centered on its position in the US steel and mining...