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Champion Iron Ord Shs T.CIA

Alternate Symbol(s):  CIAFF

Champion Iron Limited is an Australia-based iron ore exploration and development company. The Company, through its wholly owned subsidiary, Quebec Iron Ore Inc., owns and operates the Bloom Lake Mining Complex, located on the south end of the Labrador Trough, approximately 13 kilometers (km) north of Fermont, Quebec. Bloom Lake is an open-pit operation with two concentrators that primarily source energy from renewable hydroelectric power. The Company ships iron ore concentrate from Bloom Lake by rail, to a ship loading port in Sept-lles, Quebec, and has sold its iron ore concentrate to customers globally, including in China, Japan, the Middle East, Europe, South Korea, India and Canada. In addition to Bloom Lake, Champion owns a portfolio of exploration and development projects in the Labrador Trough, including the Kamistiatusset Project, located a few km south-east of Bloom Lake, and the Cluster II portfolio of properties, located within 60 km south of Bloom Lake.


TSX:CIA - Post by User

Post by Captgo01on Oct 16, 2020 10:01am
297 Views
Post# 31727599

Raymond James new update This morning

Raymond James new update This morning

 

Champion Iron Ltd (TSE:CIA) - Investment analysts at Raymond James upped their FY2021 earnings per share (EPS) estimates for shares of Champion Iron in a report released on Wednesday, October 14th. Raymond James analyst B. Macarthur now forecasts that the company will post earnings of $0.59 per share for the year, up from their prior forecast of $0.51. Raymond James has a "Outperform" rating and a $4.00 price objective on the stock.
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