Shares of Cleveland-Cliffs Inc. (NYSE:CLF) traded at a new 52-week high today of $27.79. This new high was reached on below average trading volume as 9.9 million shares traded hands, while the average 30-day volume is approximately 24.9 million shares.
Cleveland-Cliffs Inc. share prices have moved between a 52-week high of $27.79 and a 52-week low of $12.77 and are now trading 114% above that low price at $27.39 per share.
Cleveland-Cliffs Inc. (NYSE:CLF) defies analysts with a current price ($27.39) 5.3% above its average consensus price target of $25.92.
Cleveland-Cliffs Inc is a flat-rolled steel producer and a manufacturer of iron ore pellets in North America. It is vertically integrated from mined raw materials and direct reduced iron to primary steelmaking and downstream finishing, stamping, tooling and tubing. The company serves a diverse range of markets due to its comprehensive offering of flat-rolled steel products and supplying of steel to the automotive industry in North America. The group employs approximately 26,000 people across its mining, steel and downstream manufacturing operations in the United States and Canada.
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