Cliffs Natural Resources

CLF-N

NYSE:CLF

8.83
0.28 (3.27%)
Cleveland-Cliffs, Inc., formerly Cliffs Natural Resources, is a Cleveland, Ohio, business firm that specializes in the mining and beneficiation of iron ore. The firm is an independent company whose shares are traded on the New York Stock Exchange.
More at Wikipedia

Analysis and Opinions about CLF-N

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
February 28, 2017

His general view on iron ore is a little negative. If you look at the supply/demand dynamics, it is more skewed towards an oversupply situation. Feels we are going to be in a situation where it is going to be a surplus. Iron ore has had a nice run and almost got up to $100 a ton. Doesn’t think that is sustainable, and thinks it pulls back to the $60-$70 range.

His general view on iron ore is a little negative. If you look at the supply/demand dynamics, it is more skewed towards an oversupply situation. Feels we are going to be in a situation where it is going to be a surplus. Iron ore has had a nice run and almost got up to $100 a ton. Doesn’t think that is sustainable, and thinks it pulls back to the $60-$70 range.

Veeral Khatri
Partner and Portfolio Manager, JC Clark
Price
$10.660
Owned
No
COMMENT
COMMENT
January 30, 2017

A commodity stock, and will be more volatile than most. It is so levered to large infrastructure steelmaking, but it is very hard to see how that is going to take off, unless you have a massive infrastructure spend. Growth outside the US is going to be pretty slow. Thinks you will see this just trade sideways for most of the year.

A commodity stock, and will be more volatile than most. It is so levered to large infrastructure steelmaking, but it is very hard to see how that is going to take off, unless you have a massive infrastructure spend. Growth outside the US is going to be pretty slow. Thinks you will see this just trade sideways for most of the year.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$8.670
Owned
Unknown
BUY
BUY
January 3, 2017

He likes the volume that it has had in 2016, and he would be a buyer. The stock looks like it has bottomed out. It looks like it has found a bottom and the volumes are back.

He likes the volume that it has had in 2016, and he would be a buyer. The stock looks like it has bottomed out. It looks like it has found a bottom and the volumes are back.

Elliott Fishman
Director of U.S. and international equity trading, Trading Services Group, Scotia Wealth
Price
$8.610
Owned
Unknown
DON'T BUY
DON'T BUY
June 26, 2014

There is a reason for things being cheap. It’s been a tough space. You have to look for relative value not just that things go down.

There is a reason for things being cheap. It’s been a tough space. You have to look for relative value not just that things go down.

Gordon Reid
President, GoodReid Investment Counsel
Price
$15.020
Owned
Unknown
DON'T BUY
DON'T BUY
January 6, 2014

A pure iron ore play. After a few years of downturn, iron ore prices looked like they were ready to bottom out in 2014. Problem is, the stock is anticipating an increase so it has had a bit of a move up after hitting its low. Not a huge fan of iron ore and he can’t see a lot of upside for this company for the next couple of years.

A pure iron ore play. After a few years of downturn, iron ore prices looked like they were ready to bottom out in 2014. Problem is, the stock is anticipating an increase so it has had a bit of a move up after hitting its low. Not a huge fan of iron ore and he can’t see a lot of upside for this company for the next couple of years.

Lorne Steinberg
President & Portfolio Manager, Lorne Steinberg Wealth Management Inc
Price
$24.650
Owned
No
BUY
BUY
November 18, 2013

He just took a position last week. Likes outlook on met coal and metals. China should be positive for these producers.

He just took a position last week. Likes outlook on met coal and metals. China should be positive for these producers.

Michael Giordano
VP Investments & Portfolio Manager,
Price
$27.500
Owned
Yes
DON'T BUY
DON'T BUY
July 16, 2013

Steel is the most primary of all industries. Any country that becomes industrialized, wants a steel industry. China produces and consumes over half the world’s steel. They have so many steel plants right now that the only real product for them is iron ore. He wouldn’t invest in the still company because there is overcapacity globally. In terms of iron ore, the fundamentals are okay but not terrific. Growth is very slow in China right now down to 7.5%.

Steel is the most primary of all industries. Any country that becomes industrialized, wants a steel industry. China produces and consumes over half the world’s steel. They have so many steel plants right now that the only real product for them is iron ore. He wouldn’t invest in the still company because there is overcapacity globally. In terms of iron ore, the fundamentals are okay but not terrific. Growth is very slow in China right now down to 7.5%.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$17.520
Owned
Unknown
DON'T BUY
DON'T BUY
June 21, 2013

High cost producer needing $105 per ton in order to break even. At this time there are a lot more iron ore projects coming on and she would prefer a lower cost producer or a copper stock.

High cost producer needing $105 per ton in order to break even. At this time there are a lot more iron ore projects coming on and she would prefer a lower cost producer or a copper stock.

Alice Tsang
Portfolio Manager, Marquest Asset Management
Price
$17.190
Owned
Unknown
HOLD
HOLD
April 8, 2013

(Market Call Minute.) Has literally fallen off the “Cliff”. Has been one of the worst performing stocks. Exposure to iron ore is a little too much. Stock will suffer in the short term but longer-term it is all right.

(Market Call Minute.) Has literally fallen off the “Cliff”. Has been one of the worst performing stocks. Exposure to iron ore is a little too much. Stock will suffer in the short term but longer-term it is all right.

Michael Giordano
VP Investments & Portfolio Manager,
Price
$18.790
Owned
No
BUY WEAKNESS
BUY WEAKNESS
March 21, 2013

Mining sector has taken a pounding. China coming back is not enough to move iron ore quickly, so be patient. It might go lower before it goes higher. If you are patient, buying down here is probably a good idea.

Mining sector has taken a pounding. China coming back is not enough to move iron ore quickly, so be patient. It might go lower before it goes higher. If you are patient, buying down here is probably a good idea.

Michael Decter
President & CEO, Lawrence Decter Investment Counsel
Price
$20.910
Owned
Unknown
DON'T BUY
DON'T BUY
March 19, 2013

Fairly high cost producer of iron ore. What you want to know is the price of iron ore. There was a sharp selloff on iron ore last year, recovered somewhat and recently had a high of $150 on the view that China was rebounding. It has now rolled over and is at about $130. It has to be at least $150 for this to make sense.

Fairly high cost producer of iron ore. What you want to know is the price of iron ore. There was a sharp selloff on iron ore last year, recovered somewhat and recently had a high of $150 on the view that China was rebounding. It has now rolled over and is at about $130. It has to be at least $150 for this to make sense.

John Wilson
CEO; Co-CIO & Sr Portfolio Manager, Sprott Asset Management
Price
$20.330
Owned
No
DON'T BUY
DON'T BUY
March 4, 2013

Doesn’t think this has an immediate problem funding their obligations. Unfortunately, they are in the iron ore and coal businesses so he would be very cautious on names like this as he doesn’t see any visibility for improved conditions in the steel sector.

Doesn’t think this has an immediate problem funding their obligations. Unfortunately, they are in the iron ore and coal businesses so he would be very cautious on names like this as he doesn’t see any visibility for improved conditions in the steel sector.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$23.780
Owned
Unknown
DON'T BUY
DON'T BUY
September 19, 2012

Regarding government bonds, the risk of rates being so low, he would try to avoid them.

Regarding government bonds, the risk of rates being so low, he would try to avoid them.

Marc-Andre Gaudreau
Sr. VP Fixed Income, Natcan Investment Management
Price
$42.890
Owned
Unknown
DON'T BUY
DON'T BUY
August 30, 2012

One of the fastest-growing iron ore companies globally. The bad news is that iron ore prices have been plummeting. Price will probably go lower. Overall, valuation is very attractive. If you are willing to wait 1-2 years, you’ll see the price recover.

One of the fastest-growing iron ore companies globally. The bad news is that iron ore prices have been plummeting. Price will probably go lower. Overall, valuation is very attractive. If you are willing to wait 1-2 years, you’ll see the price recover.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$35.750
Owned
Unknown
COMMENT
COMMENT
June 27, 2012
Struggling a little. Do some iron ore, but it is mainly in pellet form which goes to Europe. Also does coal which is essentially being banned in the US so they have to ship it offshore. He feels it needs a catalyst before he can take off.
Struggling a little. Do some iron ore, but it is mainly in pellet form which goes to Europe. Also does coal which is essentially being banned in the US so they have to ship it offshore. He feels it needs a catalyst before he can take off.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$47.350
Owned
Unknown
Showing 1 to 15 of 17 entries