Champion Iron Limited

CIA

AU000000CIA2

Iron & Steel

Market Closed - Australian S.E. Other stock markets 02:10:04 2024-04-29 am EDT			5-day change	1st Jan Change
7.18 ^AUD	+0.84%		+6.21%	-14.42%

Apr. 24	Champion Iron Reports Q4 Production and Mining Operation Expenditures	MT
Apr. 24	Champion Iron Grows Q1 Iron Concentrate Production by 6%	MT

Champion Iron Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023

January 30, 2024 at 03:15 pm EST

Champion Iron Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was CAD 506.89 million compared to CAD 351.23 million a year ago. Net income was CAD 126.46 million compared to CAD 51.41 million a year ago. Basic earnings per share from continuing operations was CAD 0.24 compared to CAD 0.1 a year ago. Diluted earnings per share from continuing operations was CAD 0.24 compared to CAD 0.1 a year ago.
For the nine months, sales was CAD 1,191.62 million compared to CAD 931.18 million a year ago. Net income was CAD 208.4 million compared to CAD 112.49 million a year ago. Basic earnings per share from continuing operations was CAD 0.4 compared to CAD 0.22 a year ago. Diluted earnings per share from continuing operations was CAD 0.4 compared to CAD 0.21 a year ago.

Latest news about Champion Iron Limited

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
Champion Iron Limited Provides an Update on its Ongoing Collective Agreement Negotiations	Feb. 05	CI
B. Riley Says Champion Iron's Fiscal Q3 EBITDA Above Expectations	Feb. 01	MT
Transcript : Champion Iron Limited, Q3 2024 Earnings Call, Jan 31, 2024	Jan. 31
North American Morning Briefing : Big Tech Weighs -2-	Jan. 31	DJ
Champion Iron's Net Profit Almost Doubles in Fiscal Q3; Shares Rise 5%	Jan. 30	MT
Champion Iron Fiscal Q3 Profit More than Doubles on Higher Revenue; Approves the C$470.7 Million DPRF Project	Jan. 30	MT
Champion Iron Brief: Reporting Record Production In Its FY24 Q3, Approving the DRPF Project and Announcing Results of the Kami Project Study	Jan. 30	MT
Champion Iron Limited Reports Production Results for the Third Quarter Ended December 31, 2023	Jan. 30	CI
Champion Iron Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	Jan. 30	CI
RBC Capital Markets Says Iron Ore Prices Down While Met Coal Supported By Supply Risks	Jan. 18	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's principal activities include the production of high-grade iron ore concentrate and the development and exploration of its iron ore properties in the provinces of Quebec and Newfoundland and Labrador in the Labrador Trough region, Canada. The Company, through its 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. In addition to Bloom Lake, the Company 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 Consolidated Fire Lake North iron ore project, located approximately 40 km south of Bloom Lake. It sells its iron ore concentrate globally to customers in China, Japan, the Middle East, Europe, South Korea, India and Canada.

Sector

Iron & Steel

Calendar

2024-05-29 - Q4 2024 Earnings Release

Related indices

S&P/ASX 200

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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

6.356 CAD

Average target price

7.462 CAD

Spread / Average Target

+17.40%

Consensus

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Company calendar

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