Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Resources - Indicated (K) are simply economic mineral occurrences where an estimate has been made of their contained metal, grade, tonnage, shape, densities and physical characteristics.
The historical rank and industry rank for Cleveland-Cliffs's Resources - Indicated (K) or its related term are showing as below:
FRA:CVA's Resources - Indicated (K) is not ranked *
in the Steel industry.
Industry Median: * Ranked among companies with meaningful Resources - Indicated (K) only.
Resources - Indicated (K) are simply economic mineral occurrences that have been sampled (from locations such as outcrops, trenches, pits and drill holes) to a point where an estimate has been made, at a reasonable level of confidence, of their contained metal, grade, tonnage, shape, densities and physical characteristics.
Indicated resources are computed from information similar to that used for measured resources, but the degree of assurance, although lower than that for measured resources, is high enough to assume continuity between points of observation.
Cleveland-Cliffs Resources - Indicated (K) Related Terms
Cleveland-Cliffs Resources - Indicated (K) Historical Data
* Premium members only.
The historical data trend for Cleveland-Cliffs's Resources - Indicated (K) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Resources - Indicated (K) of 0.00 mean?
Cleveland-Cliffs (FRA:CVA) has a Resources - Indicated (K) of 0.00 as of . 20. Indicated resources are simply economic mineral occurrences where an estimate has been made of their contained metal, grade, tonnage, shape, densities and physical characteristics. View historical data on Cleveland-Cliffs and its competitors.
Is Cleveland-Cliffs' Resources - Indicated (K) too high?
Cleveland-Cliffs' current Resources - Indicated (K) is 0.00. Overall, Cleveland-Cliffs has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cleveland-Cliffs' Resources - Indicated (K) compare to TX and WS?
Cleveland-Cliffs' Resources - Indicated (K) of 0.00 can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Resources - Indicated (K) for a Steel company?
A good Resources - Indicated (K) depends on the Steel industry context. However, Resources - Indicated (K) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Resources - Indicated (K) mean?
A high Resources - Indicated (K) can signal that a stock is expensive relative to its fundamentals. Indicated resources are simply economic mineral occurrences where an estimate has been made of their contained metal, grade, tonnage, shape, densities and physical characteristics. View historical data on Cleveland-Cliffs and its competitors. Cleveland-Cliffs's current Resources - Indicated (K) is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cleveland-Cliffs stock overvalued right now?
Based on GuruFocus' analysis, Cleveland-Cliffs (FRA:CVA) is currently considered Fairly Valued. The stock's GF Value™ is €10.16, compared to a current price of €10.00 — trading 1.6% below its estimated fair value. The current Resources - Indicated (K) is 0.00. Cleveland-Cliffs' overall GF Score™ is 77/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Resources - Indicated (K) calculated?
Resources - Indicated (K) is calculated from a company's financial statements. For Cleveland-Cliffs (FRA:CVA), the current Resources - Indicated (K) is 0.00 as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Cleveland-Cliffs (FRA:CVA) Overvalued in 2026?
Based on GuruFocus' analysis, Cleveland-Cliffs stock appears to be undervalued.
The current stock price of €10.00 is trading 1.6% below its estimated GF Value™ of €10.16.
GuruFocus considers Cleveland-Cliffs to be Fairly Valued.
Key valuation signals for FRA:CVA:
Resources - Indicated (K): 0.00
GF Value™: €10.16 vs. price of €10.00 (1.6% below fair value)
No single metric tells the full story. See the FRA:CVA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cleveland-Cliffs Inc is a flat-rolled steel producer and manufacturer of iron ore pellets in North America. It is organized into four operating segments based on differentiated products, Steelmaking, Tubular, Tooling and Stamping and European Operations, but operates through one reportable segment -Steelmaking. It is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling and tubing. It serves a diverse range of other markets due to its comprehensive offering of flat-rolled steel products. Geographically, it operates in the United States, Canada and other countries. The majority of revenue is from the United States. It is a supplier of steel to the automotive industry in North America.
77GF Score
Get the complete analysis for FRA:CVA
Resources - Indicated (K) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:CVA has been successfully added to your 
