Champion Iron Stock Today

CIA Stock  CAD 5.19  0.01  0.19%   

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Champion Iron is selling at 5.19 as of the 29th of November 2024; that is 0.19 percent decrease since the beginning of the trading day. The stock's open price was 5.2. Champion Iron has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Champion Iron are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of May 2023 and ending today, the 29th of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Champion Iron Limited engages in the acquisition, exploration, development, and production of iron ore deposits in Canada. The company sells its iron ore concentrate in China, Japan, the Middle East, Europe, South Korea, India, and internationally. CHAMPION IRON operates under Steel classification in Canada and is traded on Toronto Stock Exchange.. The company has 518.25 M outstanding shares of which 2.4 M shares are currently shorted by private and institutional investors with about 6.97 days to cover all short positions. More on Champion Iron

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Champion Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Champion Iron's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Champion Iron or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanWilliam OKeeffe
Thematic IdeaIron (View all Themes)
Business ConcentrationMetals & Mining, Materials, Basic Materials, Iron, Materials, Metals & Mining, Steel, Basic Materials (View all Sectors)
Champion Iron's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Champion Iron's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Champion Iron can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Champion Iron's financial leverage. It provides some insight into what part of Champion Iron's total assets is financed by creditors.
Liquidity
Champion Iron cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Champion Iron has accumulated 585.35 M in total debt with debt to equity ratio (D/E) of 0.46, which is about average as compared to similar companies. Champion Iron has a current ratio of 2.8, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Champion Iron until it has trouble settling it off, either with new capital or with free cash flow. So, Champion Iron's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Champion Iron sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Champion to invest in growth at high rates of return. When we think about Champion Iron's use of debt, we should always consider it together with cash and equity.

Capital Expenditures

359.06 Million
Champion Iron (CIA) is traded on Toronto Exchange in Canada and employs 13 people. Champion Iron is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.69 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Champion Iron's market, we take the total number of its shares issued and multiply it by Champion Iron's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Champion Iron operates under Metals & Mining sector and is part of Materials industry. The entity has 518.25 M outstanding shares of which 2.4 M shares are currently shorted by private and institutional investors with about 6.97 days to cover all short positions. Champion Iron has accumulated about 277.42 M in cash with 474.58 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.54.
Check Champion Iron Probability Of Bankruptcy
Ownership Allocation
Champion Iron holds a total of 518.25 Million outstanding shares. Over half of Champion Iron's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Champion Iron. Please watch out for any change in the institutional holdings of Champion Iron as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Champion Iron Risk Profiles

Although Champion Iron's alpha and beta are two of the key measurements used to evaluate Champion Iron's performance over the market, the standard measures of volatility play an important role as well.

Champion Stock Against Markets

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Champion Iron Corporate Management

Elected by the shareholders, the Champion Iron's board of directors comprises two types of representatives: Champion Iron inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Champion. The board's role is to monitor Champion Iron's management team and ensure that shareholders' interests are well served. Champion Iron's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Champion Iron's outside directors are responsible for providing unbiased perspectives on the board's policies.
Donald CPAChief OfficerProfile
Philip MackeyCompany SecProfile
Franois LavoieTechnical SalesProfile
Alexandre EngChief OfficerProfile
Donald TremblayChief OfficerProfile
Nabil PGeoSenior GeologistProfile
David EngCEO DirectorProfile

Other Information on Investing in Champion Stock

Champion Iron financial ratios help investors to determine whether Champion Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Champion with respect to the benefits of owning Champion Iron security.