ArcelorMittal (ENXTAM:MT): Examining Valuation After Strong 1-Year Share Price Rally
ArcelorMittal (ENXTAM:MT) shares have caught the attention of investors recently, thanks to a strong run over the past year. The stock has returned 45% in that timeframe, which is ahead of many of its industry peers.
See our latest analysis for ArcelorMittal.
ArcelorMittal’s 1-year total shareholder return of 45% stands out in the sector, particularly after its steady 9% share price climb over the past month. Momentum has been building, as investors are likely responding to improved earnings and ongoing strength in global steel demand.
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