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Exploring Base Metal and Iron Properties in Western Labrador, Central Newfoundland and Northeastern Quebec: Featuring over 5.0 Bt of Iron Ore Resources in the Fermont Property Claim Blocks

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Message: Canaccord Genuity Has Just Reaffirmed $4.5 Target Price Per Share on Champion Iron

 

Canaccord Genuity Has Just Reaffirmed $4.5 Target Price Per Share on Champion Iron Ord (TSE:CIA) stock, While They’ve Also Reiterated Their Buy Rating

Posted by Katie Sanders on June 24, 2019 at 8:28 pm

Investors sentiment decreased to 1.39 in 2019 Q1. Its down 0.17, from 1.56 in 2018Q4. It dived, as 4 investors sold Champion Iron Limited shares while 14 reduced holdings. 9 funds opened positions while 16 raised stakes. 11.16 million shares or 0.17% more from 11.14 million shares in 2018Q4 were reported.

Cubist Systematic Strategies Lc holds 12,289 shares. State Street Corporation holds 946,180 shares or 0% of its portfolio. Manufacturers Life Ins The reported 0% stake. Jpmorgan Chase And Co, New York-based fund reported 12,073 shares. Rhumbline Advisers invested in 70,384 shares. Goldman Sachs Gru reported 0% of its portfolio in Champion Iron Limited (TSE:CIA). Deutsche Bankshares Ag holds 0% or 66,543 shares. Tower Rech Capital Ltd Co (Trc) reported 18,664 shares stake. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 2,338 shares. New York State Common Retirement Fund reported 44,700 shares. Price T Rowe Assoc Md holds 0% or 36,205 shares. Voya reported 22,894 shares. 283,259 are held by Charles Schwab Invest. Metropolitan Life Insur New York owns 13,297 shares. Bankshares Of Montreal Can holds 1,783 shares.

 

Champion Iron Ord (TSE:CIA) Rating Reaffirmed

The company has just set a TP of $4.5 on Champion Iron Ord (TSE:CIA) shares. This is 59.01 % from the current stock price. In analysts note published on 20 June, Canaccord Genuity restate their Buy rating on shares of CIA.

 

Champion Iron Limited (TSE:CIA) Ratings Coverage

Among 2 analysts covering Champion Iron Ord (TSE:CIA), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Champion Iron Ord has $4.5 highest and $4 lowest target. $4.25’s average target is 50.18% above currents $2.83 stock price. Champion Iron Ord had 2 analyst reports since June 20, 2019 according to SRatingsIntel. Raymond James maintained Champion Iron Limited (TSE:CIA) on Friday, June 21 with “Buy” rating. The rating was maintained by Canaccord Genuity on Thursday, June 20 with “Buy”.

The stock increased 0.71% or $0.02 during the last trading session, reaching $2.83. About 362,780 shares traded. Champion Iron Limited (TSE:CIA) has 0.00% since June 24, 2018 and is . It has underperformed by 4.43% the S&P500.

Champion Iron Limited explores, develops, and produces iron ore in Quebec, Canada. The company has market cap of $1.32 billion. The Company’s 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. It has a 15.72 P/E ratio. The firm was formerly known as Champion Iron Mines Limited and changed its name to Champion Iron Limited in March 2014.

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