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Cliffs Natural (CLF) Stock Up on Q2 Earnings Beat

CLF stock’s 52-week range is $1.20 – $8.33. 2 of the analysts have a buy or better rating; the 0 sells versus 3 underperforms.

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CLF stock’s price is now -2.97% down from its 52-week high and 554.17% up from its 52-week low.

Cliffs Natural Resources (NYSE:CLF) is among those iron-ore mining companies that have experienced big losses in the last couple of years, amid falling prices. The company has market capitalization of $1.92B. The stock remained 7.17% volatile for the week and 6.99% for the month.

Cliffs Natural Resources Inc (CLF) reported quarterly earnings results on Thursday, Jul-28-2016.

Cliffs Natural Resources Inc opened for trading at $8.36 and hit $8.45 on the upside on Thursday, eventually ending the session at $8.09, with a gain of 3.06% or 0.24 points. 0 analysts have suggested “Sell” for the company. The Company recorded earnings attributable to Cliffs shareholders from continuing operations of $0.07 per diluted common share, compared to a net loss attributable to Cliffs shareholders from continuing operations of $0.28 per diluted common share recorded in the second quarter of 2015. A Chairman, President & CEO at Cliffs Natural Resources Inc.

Synergy Resources Corporation’s (SYRG) EPS growth ratio for the past five years was -20.70% while Sales growth for the past five years was 27.80%. return on investment (ROI) was -22.10%. Goncalves Lourenco now have 2,475,044 shares in the company after this transaction. The company’s price sits 52.58% above from its 50-day moving average of $6.07 and 148.48% above from the stock’s 200-day moving average of $3.70. If the YTD value is Negative, it means that the stock is trading poorly. The stock’s 50-day moving average is noted at $15.04 and its 200-day moving average is stands at $15.11.

The High price target of the company’s Share is at $7.5 based on the calculations and analysis of 6 brokers. Company shares were Reiterated by FBR Capital on Jul 26, 2016 to “Mkt Perform”, Firm has raised the Price Target to $ 7 from a previous price target of $4.Company shares were Upgraded by Macquarie on Jun 10, 2016 to ” Outperform”, Firm has raised the Price Target to $ 7.50 from a previous price target of $4.Cliffs Natural Resources Inc was Upgraded by JP Morgan to ” Overweight” on May 31, 2016. According to the analysts, the company has the Low Price target of $2 whereas, the Mean Target is estimated by the brokers is $5.08. “1” brokerage firms have rated the company as a “Hold”.

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Cliffs Natural Resources Inc is a mining and natural resources company.

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