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iron investing

How Cliffs Can Get To $140

Investing News Network
Jul. 22, 2011 06:08AM PST
Base Metals Investing

Forbes reports that Cliffs Natural Resources (NYSE:CLF) can raise the $140 million its looking for.

Forbes reports that Cliffs Natural Resources (NYSE:CLF) can raise the $140 million its looking for.

The market news is quoted as saying,

Cliffs Natural Resources derives most of its value from its North American iron ore and Asia-Pacific iron ore businesses that account for 58% and 19%, respectively, of the $103 Trefis price estimate for the company’s stock.

For the complete market news, click here.

iron investing nyse:clf
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