Cliffs Natural Resources Inc

Cliffs Natural Resources Inc

Cliffs Natural Resources Inc

Revenues were up to $754 million this quarter for the ore pellet manufacturer, which is an increase of 58 percent compared to previous year. It has a past 5-day performance of 0 percent and trades at an average volume of 15.13M shares. The analyst recommendations from a month ago are 0 Buy, 2 Strong Buy, 0 Sell, 0 Hold and 5. Finally, Credit Suisse Group reissued an "underperform" rating and set a $6.00 target price on shares of Cliffs Natural Resources in a research note on Friday, January 13th.

When it comes to the Analysis of a Stock, Price Target plays a vital role. Axiom Securities reissued a "sell" rating on shares of Cliffs Natural Resources in a research report on Saturday, November 26th.

Zacks Investment Research also rated the stock with a value of 2.43.

A price chart showing the extreme outperformance of Cliffs Natural Resources stock compared to peers BHP Billiton Rio Tinto and Vale
Cliffs Natural Resources Inc. Gained a Massive 432% in 2016. Is There Room to Run in 2017?

Many Analysts provided their foresight on Revenue Estimates of Cliffs Natural Resources Inc. where they believe that the company has the potential to earn average revenue of $675.24 Million for the current quarter. The company reported its last quarter on Sep 16.

October 27, 2016: Cliffs Natural Resources Inc.

In addition, the company has significantly lowered its cost structure to break even at much lower prices. Van ECK Associates Corp now owns 414,067 shares of the mining company's stock valued at $3,482,000 after buying an additional 134,394 shares in the last quarter. Cipher Capital LP bought a new position in Cliffs Natural Resources during the fourth quarter valued at about $221,000.

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Cliffs Natural Resources Inc (NYSE:CLF) have shown a low EPS growth of -37.80% in the last 5 years and has earnings growth of -159.40% yoy. The company has a market cap of $2.3B and now has 241.35M shares outstanding. Institutional investors own 57.81% of the company's stock. The stock's current distance from 20-Day Simple Moving Average (SMA20) is 4.83% where SMA50 and SMA200 are 3.54% and 44.17% respectively.

Cliffs booked EBITDA of $374m for the 2016 calendar year, up from $293m in 2015, across its American and Australian operations.

Cliffs Natural Resources Inc opened for trading at $9.1 and hit $9.57 on the upside on Tuesday, eventually ending the session at $9.12, with a gain of 0.22% or 0.02 points. If you are viewing this news story on another domain, it was illegally copied and republished in violation of United States and worldwide copyright and trademark legislation. Cliffs Natural Resources Inc.

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Iron ore miner Cliffs Natural Resources booked its best performance in ten quarters from its Koolyanobbing mining complex in WA's Yilgarn region in the December quarter, amid rising iron ore prices. The Company is a supplier of iron ore pellets to the North American steel industry from its mines and pellet plants located in MI and Minnesota. CEO Lourenco Goncalves celebrated the company's turnaround, noting that "despite the undeniable fact that the underlying business environment was far from ideal during nearly all of 2016", the company faces "a much more favorable business environment in the USA and a newly adopted rational behavior in the global iron ore market [that] support the work we have done internally". The Company is a producer of iron ore pellets, primarily selling production from U.S.

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