Champion Iron (CIA) Sets New 52-Week High at $2.75

Champion Iron Ltd (TSE:CIA) hit a new 52-week high on Tuesday . The company traded as high as C$2.75 and last traded at C$2.71, with a volume of 238366 shares trading hands. The stock had previously closed at C$2.67.

Several research analysts recently commented on the company. Raymond James reissued an “outperform” rating and set a C$3.00 target price on shares of Champion Iron in a research note on Tuesday, April 16th. B. Riley reissued a “buy” rating on shares of Champion Iron in a research note on Wednesday, April 24th. Finally, TD Securities boosted their target price on Champion Iron from C$1.95 to C$2.00 in a research note on Friday, February 15th.

The company has a market capitalization of $1.15 billion and a P/E ratio of 21.48. The company has a debt-to-equity ratio of 153.85, a current ratio of 2.19 and a quick ratio of 1.76.

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Champion Iron Company Profile (TSE:CIA)

Champion Iron Limited explores, develops, and produces iron ore in Quebec, Canada. Its flagship projects include the Bloom Lake mine, which consists of BM877 mining lease and 114 mining claims located in Québec, Canada; and the Consolidated Fire Lake North project that includes the Fire Lake North, Don Lake, Bellechasse, and Oil Can deposits situated in northeastern Quebec.

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