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CLF

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    199.5853$
  • Previous Close
    198.3392$
  • 52 Week Change
    194.57$
  • Day Range
    1.25$
  • 52 Week High/Low
    111.43$ - 306$
  • Dividend Per Share
    --
  • Market cap
    115 161 M$
  • EPS
    --
  • Beta
    1.984
  • Volume
    --

About

CLF.MX refers to Cleveland-Cliffs Inc. shares traded on the Mexican Stock Exchange (Bolsa Mexicana de Valores). It represents ownership in Cleveland-Cliffs, a leading North American steel producer. Investors in Mexico can use the CLF.MX ticker to buy and sell shares of Cleveland-Cliffs, participating in the company's performance and dividend distributions, if any. The price of CLF.MX will typically reflect the underlying value of Cleveland-Cliffs' primary listing (CLF on the NYSE), adjusted for currency exchange rates between the Mexican Peso and the US Dollar.
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Factors

Iron Ore Prices: Higher iron ore prices often boost CLF.MX stock as Cleveland-Cliffs is a major iron ore producer. Lower prices can decrease profitability and stock value. Steel Demand: Increased global and regional steel demand benefits Cleveland-Cliffs, leading to higher steel sales and potentially a higher stock price. Production Costs: Lower production costs, through efficiency improvements or lower raw material expenses (excluding iron ore), can improve profit margins and positively impact the stock. Acquisitions & Mergers: Major acquisitions or mergers involving Cleveland-Cliffs can significantly affect the stock price, depending on market perception of the deal's value and integration success. Debt Levels: High debt levels can increase financial risk, potentially decreasing the stock price. Managing debt effectively can improve investor confidence. Economic Conditions: Overall economic growth, especially in key steel-consuming sectors like construction and manufacturing, positively influences demand and CLF.MX stock.

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