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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Champion Iron Ord Shs > Champion undervalued !!!!

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Comment by rodrabalon Nov 21, 2022 3:21pm

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Post# 35116524

RE:Champion undervalued !!!!

He is also said to have commended the company’s “visionary” management and flagged a positive outlook for iron ore and steel.

Elliot isn’t alone in expecting big things from the ASX 200 miner.

Goldman Sachs believes Champion Iron shares are a buy, slapping the stock with a $6.90 price target late last month. While not quite double, that does represent a potential 11% upside.

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