TSE:CIA

5.55
0.14 (2.46%) 1d
0

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Investor Insights

This summary was created by AI, based on 2 opinions in the last 12 months.

Champion Iron Limited (CIA-T) has had a strong quarter, with revenue and EPS beating estimates. The company's $470.7-million direct reduction pellet feed (DRPF) project at its Bloom Lake iron ore complex in Quebec is expected to further contribute to its growth. Despite being at the bottom of a not-bad trading range, experts see potential for the stock to rise. Overall, the company is showing positive signs of growth and potential for investment.

Consensus
Buy
Valuation
Undervalued
Similar
Vale,S.A.- VALE
HOLD
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

EPS came in at $0.24 beating estimates of $0.20. Revenue came in at $506.89M beating forecasts of $486.08M and displayed growth of 31% year-over-year. Profit more than doubled on a year-over-year basis coming in at $126.46M. The board approved the company's $470.7-million direct reduction pellet feed (DRPF) project at its Bloom Lake iron ore complex in Quebec which is expected to be in service in the second half of 2025. This is a solid quarter from CIA, nicely beating both revenue and EPS estimates and shares are up ~4% thus far on the day. 
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Mining
WEAK BUY

On a downslide to the bottom of a not-bad trading range. Sticking his neck out, but thinks it's a buy right now, with potential of $6.40. Bottom of the range is $4.40 and if it goes below, there's a lot of nothingness to the $1-2 range.

Mining
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. EPS at $0.14 beat estimates and revenues also beat estimates. While they did not generate positive free cash flow in the last quarter, they have been cash flow positive over the past few years. Balance sheet is strong and the current multiple is 7x forward P/E. Strong fundamentals. Unlock Premium - Try 5i Free

Mining
WEAK BUY
Hard commodity to play. Inflation means it's not a bad time to buy. A buy, with a $6 target. Eventually we'll get out of Covid, and iron will be needed. He'd rather go with copper, or silver, that's where the biggest leverage is going to be.
Mining
WAIT
CIA vs. LIF Iron ore prices are pretty high, and it's not in short supply. If you're more aggressive, buy CIA. If you want to sit back and collect the cashflow, buy LIF. Be cautious on buying them in the short term, due to price weakness.
Mining
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company announced a very solid quarter with a strong outlook. Even with the big run up, the stock is cheap on all metrics with a very strong balance sheet. If there is global growth, the company looks very solid. Unlock Premium - Try 5i Free

Mining
TOP PICK
They hold Quebec assets. They just reported a quarter that blew away expectations. The iron ore price has bounced back, and CIA produces high-grade iron ore, so they fetch a premium price. Also, transporatation costs have declined in the last month. If China comes back into the fray, CIA will enjoy huge growth. (Analysts’ price target is $3.33)
Mining
HOLD
CIA bought cheap assets from a bankrupt competitor and at the same time iron ore prices have taken off this year. CIA has had a great run, so stick with it. Iron ore prices are artificially high, and will pull back eventually. Until then, CIA is a cash-flow machine. Don't buy this now, because iron prices may be peaking now. A good company.
Mining
BUY
It was going to be a top pick. He has done extremely well. Iron ore prices have moved up quite a bit. It is the right time and right place. Cash flows will continue to rise. It is one of the best companies in the resource side.
Mining
HOLD
They purchased the balance of their project from the government. It is trading very cheap. They do not have major issues with China. It will be highly sensitive to global iron ore prices. There have been shut downs in Colombia, which has benefited them. It would be a hold for him as iron ore prices might weaken going forward.
Mining
COMMENT

A junior iron ore exploration company that operates in the Labrador trough in Northeast Québec/Western Labrador. Canadian National (CNR-T) announced they were not going to go ahead with the expansion of a rail line. Companies like this were dependent on that rail line to get their material out. Alternatives now include having to cut a deal with existing rail lines. Properties are fine, but with a lack of infrastructure and weakness in iron ore prices the stock was clobbered, it’s a Hold at best.

Mining
HOLD

He would call this a Hold given the activity in the Québec Labrador trough. Have 2 excellent properties with a billion punt potential of iron ore in that trough. The problem is there is an excess supply of iron ore in the market.

Mining
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Champion Iron Limited(CIA-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for Champion Iron Limited is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Champion Iron Limited(CIA-T) Frequently Asked Questions

What is Champion Iron Limited stock symbol?

Champion Iron Limited is a Canadian stock, trading under the symbol CIA-T on the Toronto Stock Exchange (CIA-CT). It is usually referred to as TSX:CIA or CIA-T

Is Champion Iron Limited a buy or a sell?

In the last year, 2 stock analysts published opinions about CIA-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Champion Iron Limited.

Is Champion Iron Limited a good investment or a top pick?

Champion Iron Limited was recommended as a Top Pick by on . Read the latest stock experts ratings for Champion Iron Limited.

Why is Champion Iron Limited stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Champion Iron Limited worth watching?

2 stock analysts on Stockchase covered Champion Iron Limited In the last year. It is a trending stock that is worth watching.

What is Champion Iron Limited stock price?

On 2024-07-23, Champion Iron Limited (CIA-T) stock closed at a price of $5.55.