(VIANEWS) – Shares of Cliffs Natural Resources (NYSE: CLF) rose by a staggering 20.23% in 10 sessions from $13.07 to $15.72 at 14:22 EST on Wednesday, after two sequential sessions in a row of gains. NYSE is rising 0.07% to $15,493.16, following the last session’s upward trend.

Cliffs Natural Resources’s last close was $15.59, 54.2% below its 52-week high of $34.04.

About Cliffs Natural Resources

Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in North America. The company offers carbon steel products, such as hot-rolled, cold-rolled, electrogalvanized, hot-dip galvanized, hot-dip galvannealed, aluminized, enameling, and advanced high-strength steel products; stainless steel products; plates; and grain oriented and non-oriented electrical steel products. It also provides tubular components, including carbon steel, stainless steel, and electric resistance welded tubing. In addition, the company offers tinplate products, such as electrolytic tin coated and chrome coated sheet, and tin mill products; tooling and sampling; raw materials; ingots, rolled blooms, and cast blooms; and hot-briquetted iron products. Further, it owns five iron ore mines in Minnesota and Michigan. The company serves automotive, infrastructure and manufacturing, distributors and converters, and steel producers. Cleveland-Cliffs Inc. was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc. in August 2017. The company was founded in 1847 and is headquartered in Cleveland, Ohio.

Earnings per Share

Cliffs Natural Resources’ trailing twelve-month EPS is $-0.07.

For the 12 trailing months, the company’s return-on-equity, which is a measure of the business’ profitability relative to shareholders’ equity, was 42.85%.

Sales Growth

Cliffs Natural Resources’s sales growth is 1.7% for the current quarter and negative 11.8% for the next.

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