Cleveland-Cliffs Inc. (CLF) Soars 5.73%

Cleveland-Cliffs Inc. (CLF) Soars 5.73%

Cleveland-Cliffs Inc. (CLF) had a good day on the market for Friday November 22 as shares jumped 5.73% to close at $7.94. About 14.28 million shares traded hands on 44,149 trades for the day, compared with an average daily volume of n/a shares out of a total float of 270.08 million. After opening the trading day at $7.58, shares of Cleveland-Cliffs Inc. stayed within a range of $8.04 to $7.56.

With today’s gains, Cleveland-Cliffs Inc. now has a market cap of $2.14 billion. Shares of Cleveland-Cliffs Inc. have been trading within a range of $12.26 and $6.59 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Cleveland-Cliffs Inc is an independent iron ore mining company in the United States and is a supplier of iron ore pellets to the North American steel industry from its mines and processing facilities located in Michigan and Minnesota. It is also engaged in the production of Hot-Briquetted Iron in the Great Lakes region with the development of a production plant in Toledo, Ohio.

Cleveland-Cliffs Inc. is based out of Cleveland, OH and has some 2,926 employees. Its CEO is C. Lourenco Goncalves.

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