|Bid||23.70 x 1100|
|Ask||23.63 x 1800|
|Day's Range||22.32 - 23.78|
|52 Week Range||5.16 - 24.77|
|Beta (5Y Monthly)||2.30|
|PE Ratio (TTM)||13.32|
|Earnings Date||Oct 21, 2021 - Oct 25, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Apr 02, 2020|
|1y Target Est||26.42|
Cleveland Cliffs extended gains from its reversal last week crossing above an area of resistance around 23.45. A lot of earnings on tap among miners.
CLEVELAND, July 28, 2021--Cleveland-Cliffs Inc. (NYSE: CLF) announced today that it has completed the redemption of the entirety of its outstanding Series B Participating Redeemable Preferred Stock held by an affiliate of ArcelorMittal S.A. for approximately $1.2 billion, or $21.18 per common share for the equivalent of approximately 58 million common shares. The redemption was completed with existing liquidity. The elimination of the preferred shares from Cleveland-Cliffs’ capital structure red
Cleveland-Cliffs (CLF) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.