Champion Iron (CIA) Stock Price, News & Analysis

Company Overview

Champion Iron Limited engages in the acquisition, exploration, development, and production of iron ore deposits in Canada. Its flagship projects include the Bloom Lake Mine located in south end of the Labrador; the Consolidated Fire Lake North project that includes the Fire Lake North, Don Lake, Bellechasse, and Oil Can deposits situated in Quebec; and the Kamistiatusset project located in the Labrador. The company sells its iron ore concentrate in China, Japan, the Middle East, Europe, South Korea, India, and internationally. Champion Iron Limited is headquartered in Rozelle, Australia.

Key Stats

• Today's Range: C$5.03 to C$5.11
• 50-Day Range: C$4.99 to C$6.68
• 52-Week Range: C$4.74 to C$7.77
• Volume: 388,629 shs
• Average Volume: 332,844 shs
• Market Capitalization: C$2.64 billion
• P/E Ratio: 8.95
• Dividend Yield: 3.92%
• Price Target: C$8.10
• Consensus Rating: Moderate Buy

Champion Iron Stock Analysis - MarketRank™

Champion Iron scored higher than 51% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Champion Iron has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Champion Iron has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Champion Iron is 8.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.28.

Price to Earnings Ratio vs. Sector

The P/E ratio of Champion Iron is 8.95, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 112.72.

Price to Earnings Growth Ratio

Due to a projected decrease in earnings for Champion Iron, their PEG ratio cannot be calculated.

Price to Book Value per Share Ratio

Champion Iron has a P/B Ratio of 1.85. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CIA.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Champion Iron pays a meaningful dividend of 3.22%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Champion Iron does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Champion Iron is 35.09%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for CIA.

News and Social Media

• Score: 0.3 / 5
• News Sentiment: N/A

News Sentiment

Champion Iron has a news sentiment score of -1.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Champion Iron this week, compared to 1 article on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Champion Iron insiders have not sold or bought any company stock.

Percentage Held by Insiders

11.33% of the stock of Champion Iron is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

51.16% of the stock of Champion Iron is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CIA Stock Analysis - Frequently Asked Questions

How have CIA shares performed this year?

Champion Iron's stock was trading at C$7.46 at the start of the year. Since then, CIA shares have decreased by 31.6% and is now trading at C$5.10.
View the best growth stocks for 2024 here.

How do I buy shares of Champion Iron?

Shares of CIA stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Champion Iron own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Champion Iron investors own include Air Canada (AC), Tourmaline Oil (TOU), Bombardier, Inc. Class B (BBD.B), Birchcliff Energy (BIR), Meta Platforms (META), Whitecap Resources (WCP) and Barrick Gold (ABX).

Company Calendar

• Today: 11/21/2024
• Next Earnings (Estimated): 1/29/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Steel
• Sub-Industry: Insurance
• Current Symbol: TSE:CIA
• CUSIP: N/A
• CIK: N/A
• Web: www.championiron.com
• Phone: +61-2-98107816
• Fax: N/A
• Employees: 220
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$8.10
• High Stock Price Target: C$10.00
• Low Stock Price Target: C$7.00
• Potential Upside/Downside: +62.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.57
• Trailing P/E Ratio: 8.75
• Forward P/E Ratio: 8.37
• P/E Growth: -1.35
• Net Income: C$298.89 million
• Net Margins: 17.64%
• Pretax Margin: N/A
• Return on Equity: 22.52%
• Return on Assets: 13.11%

Debt

• Debt-to-Equity Ratio: 42.65
• Current Ratio: 2.42
• Quick Ratio: 2.01

Sales & Book Value

• Annual Sales: C$1.69 billion
• Price / Sales: 1.53
• Cash Flow: C$0.40 per share
• Price / Cash Flow: 12.56
• Book Value: C$2.75 per share
• Price / Book: 1.81

Miscellaneous

• Outstanding Shares: 518,100,000
• Free Float: N/A
• Market Cap: C$2.59 billion
• Optionable: Not Optionable
• Beta: 1.39