Champion Iron Limited (CIA-T)

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

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

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.

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.