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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.
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TSX:CIA - Post by User
Champion Iron Ord Shs
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WindsorGuy
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Post by
WindsorGuy
on Jun 30, 2021 3:05pm
258 Views
Post# 33474330
Earnings
Earnings
This quarter should be even stronger than the last reported a month ago in which they earned $0.30. Iron ore prices have remained much higher in all of June. Great fundamentals. TD price target $8.00. Not too late to buy. GLTA
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