CHAMPION IRON (CIA) Stocks
ABOUT CHAMPION IRON
Champion Iron Limited is an iron ore exploration and development company with major projects in the southern Labrador Trough, Canada’s largest iron ore producing region.
Through its wholly owned subsidiary Champion Iron Mines Limited, the company is developing its portfolio of eight iron rich projects in a 707 km2 area.
Each project is strategically located close to the electrical grid, all-season roads and railway lines.
This infrastructure connects the projects to a terminal located in water that does not freeze, on the north shore of the Gulf of St. Lawrence.
OVERVIEW OF CHAMPION IRON
-
Champion Iron Limited’s flagship projects include Bloom Lake and Consolidated Fire Lake North. The company’s Bloom Lake project is located approximately 13 km north of Fermont, Quebec and 10 km north of the Mont Wright iron ore mining complex belonging to Arcelor Mittal Mines Canada.
-
The Bloom Lake Mine facilities include a railway that ensures transport of the high-quality iron concentrate to a loading port in Sept-Îles, Quebec. A 2017 feasibility study showed that resumption of mining activities at Bloom Lake was financially viable and competitive in world iron ore markets.
-
The study also revealed that the Bloom Lake Mine has the potential to become one of the major long-term iron mines in the Nord-du-Québec region. Consequently, resumption of production will have a major impact on local, regional and provincial economies.
-
The company’s Consolidated Fire Lake North project has total resources of 3.4 billion tonnes, of which 1.2 billion (total in-pit) are outlined in the Fire Lake North east and west pits.
-
The four mines currently in operation in the Fermont Iron Ore District account for Canada’s total iron ore production, estimated at 47 million tonnes of iron ore concentrate per year.
VISION & VALUES OF CHAMPION IRON
-
Community well-being is a priority for Champion Iron Limited, and as such the company is committed to promoting this well-being by caring about the people and communities at the heart of its major projects.
-
The company supports the development of youth, culture and the environment with activities that communicate its interest in the communities in which it operates.
-
Through innovative partnerships and initiatives that strengthen its values as corporate citizens, the company maximizes the positive impact of its presence in these communities.
MARKET PERFORMANCE OF CHAMPION IRON
-
Champion Iron Limited trades on the Toronto Stock Exchange (TSX), where investors can buy shares under the stock symbol –CIA.
-
Data from the company’s 2019 financial analysis shows EBITDA totaling US Dollar 278.2 million or a margin of 42% for the year ended March 31, 2019, compared to a loss of US Dollar 80.0 million in the prior year, as the company was not in commercial production. Net income of US Dollar 147.6 million for the year ended March 31, 2019 compared to a net loss of US Dollar 107.3 million for the year ended March 31, 2018.
-
The company recorded cash on hand of US Dollar 153.3 million on March 31, 2019, compared to US Dollar 25.2 million on March 31, 2018.
-
The company has recorded a stellar growth performance since the commencement of its operations in a region with a history of high prospectivity, delivering a flourishing share price for investors with good long-term growth in dividends, and securing a solid buy-in for those who choose to purchase shares today.
Buy CHAMPION IRON stocks / shares – A Step by Step Guide how to Buy / Purchase CHAMPION IRON Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy CHAMPION IRON Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN CHAMPION IRON STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE CHAMPION IRON STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of CHAMPION IRON stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy CHAMPION IRON stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?














