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Bullboard - Stock Discussion Forum Champion Iron Ord Shs T.CIA

Alternate Symbol(s):  CIAFF

Steel Steel
Champion Iron Limited is an Australia-based iron ore exploration and development company. The Company's principal activities include the production of high-grade iron ore concentrate and the development and exploration of its iron ore properties in the provinces of Quebec and Newfoundland and Labrador in the Labrador Trough region, Canada. The Company, through its subsidiary, Quebec Iron Ore... see more

TSX:CIA - Post Discussion

Champion Iron Ord Shs > MACQUARIE RESEARCH upgrade
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Post by Gr8brt10 on Jun 09, 2023 4:08am

MACQUARIE RESEARCH upgrade

MACQUARIE RESEARCH Upgrades Champion Iron (ASX:CIA)June 08, 2023 — 08:18 am EDT by George Maybach for Fintel

Fintel reports that on May 31, 2023, MACQUARIE RESEARCH upgraded their outlook for Champion Iron (ASX:CIA) from Neutral to Outperform

Analyst Price Forecast Suggests 30.78% Upside

As of June 2, 2023, the average one-year price target for Champion Iron is 7.90. The forecasts range from a low of 7.07 to a high of $8.82. The average price target represents an increase of 30.78% from its latest reported closing price of 6.04. 

The projected annual revenue for Champion Iron is 1,898MM, an increase of 50.33%. The projected annual non-GAAP EPS is 0.83. Champion Iron Maintains 3.70% Dividend Yield
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Champion Iron Ord Shs