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, 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

Champion Iron Ord Shs

Bullboard Posts

Post by PROINVESTALOTon Jul 30, 2020 11:17am

217 Views

Post# 31343763

Dividend?

No much move on the market todayconsidering excellent results from CIA yesterday. I an wondering if declararation of a dividend might be stimulating the title. After all, a 4% dividend on annual basis would cost around 40M$ or about 13% of actual Cash on hand but would be appreciated by some.

Bullboard Posts

Cannara reports record growth and profitability in Q4 2023