Champion Iron Limited

CIA

AU000000CIA2

Iron & Steel

Delayed Australian S.E. Other stock markets 12:13:49 2024-07-12 am EDT			5-day change	1st Jan Change
6.495 ^AUD	+2.12%		-2.62%	-22.59%

Jun. 13	Macquarie Upgrades Champion Iron to Outperform From Neutral; Price Target is AU$7.90	MT
Jun. 05	Champion Iron Brief: B.Riley Says DRPF Project "Advancing As Planned" with an expected completion in Second Half 2025; Estimates Payback of 5 years	MT

Champion Iron Limited Reports Earnings Results for the Full Year Ended March 31, 2024

May 30, 2024 at 07:22 pm EDT

Champion Iron Limited reported earnings results for the full year ended March 31, 2024. For the full year, the company reported sales was CAD 1,524.29 million compared to CAD 1,395.09 million a year ago. Net income was CAD 234.19 million compared to CAD 200.71 million a year ago.

Basic earnings per share from continuing operations was CAD 0.45 compared to CAD 0.39 a year ago. Diluted earnings per share from continuing operations was CAD 0.44 compared to CAD 0.38 a year ago.

Latest news about Champion Iron Limited

Macquarie Upgrades Champion Iron to Outperform From Neutral; Price Target is AU$7.90	Jun. 13	MT
Champion Iron Brief: B.Riley Says DRPF Project "Advancing As Planned" with an expected completion in Second Half 2025; Estimates Payback of 5 years	Jun. 05	MT
Champion Iron Brief: B.Riley Notes Co Expects to start destocking in August and Estimates it will take about 6 quarters to ship a 2.7M Mt stockpile	Jun. 05	MT
Champion Iron Brief: B.Riley With Buy Rating and C$9 Target; B.Riley Lifts Q1 FY25 and FY25 EBITDA Estimates from C$111 Million to C$150 Million and from C$607M to C$729M, respectively	Jun. 05	MT
Jarden Research Adjusts Champion Iron’s Price Target to AU$8.01 From AU$7.95, Keeps at Buy	Jun. 03	MT
Transcript : Champion Iron Limited, Q4 2024 Earnings Call, May 31, 2024	May. 31
Champion Iron Q4 Net Income Drops 71%	May. 31	MT
Champion Iron Posts 57% YoY EBITDA Drop in Fiscal Q4 as Revenue Slides 28%	May. 30	MT
Champion Iron Limited Reports Earnings Results for the Full Year Ended March 31, 2024	May. 30	CI
Champion Iron Limited Declares Ordinary Dividend for the Six Months Ended March 31, 2024, Payment on July 3, 2024	May. 30	CI
Champion Iron Reports Q4 Production and Mining Operation Expenditures	Apr. 24	MT
Champion Iron Grows Q1 Iron Concentrate Production by 6%	Apr. 24	MT
Champion Iron Limited Reports Production Results for the Fourth Quarter Ended March 31, 2024	Apr. 23	CI
Euroz Hartleys Adjusts Champion Iron’s Price Target to AU$9.50 From AU$10, Keeps at Buy	Apr. 10	MT
Jarden Downgrades Champion Iron to Overweight from Buy, Adjusts Price Target to AU$7.76 from AU$9.24	Apr. 04	MT
RBC Capital Markets Expects 'Seasonally Weak' Q1 For Base Metal Equities	Apr. 03	MT
B. Riley Lowers Champion Iron's Price Target	Apr. 02	MT
Champion's Pre-Feasibility Study of Canadian Project Shows Upbeat Results	Mar. 15	MT
Macquarie Downgrades Champion Iron to Neutral From Outperform; Price Target is AU$7.50	Mar. 15	MT
Champion Iron Files Kamistiatusset Project Study	Mar. 14	MT
Champion Iron Limited Appoints Ronnie Beevor to Its Board of Directors	Mar. 03	CI
Champion Iron Secures New Collective Agreement with Bloom Lake Unionized Workers	Feb. 29	MT
Champion Iron Announces A New Collective Agreement with Bloom Lake Unionized Workers	Feb. 29	CI
Champion Iron Shares Could Come Under Pressure, TD Says	Feb. 06	MT
Champion Iron Says Unionized Workers at its Bloom Lake Mine Vote to Authorize a Strike	Feb. 05	MT

Chart Champion Iron Limited

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Company Profile

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.

Sector

Iron & Steel

Calendar

2024-07-29 - Q1 2025 Earnings Release

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Ratings for Champion Iron Limited

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

5.865 CAD

Average target price

7.536 CAD

Spread / Average Target

+28.48%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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