The Materials sector company, Champion Iron Ltd. (CIA – Research Report), has received a rating update from a Wall Street analyst today. The Materials company, Champion Iron Ltd. (TSX: CIA) has just received a rating update from a Wall Street analyst.
Pearce has an average return of 16.5% when recommending Champion Iron Ltd..
According to TipRanks.com, Pearce is ranked #668 out of 8565 analysts.
Champion Iron Ltd. has an analyst consensus of Strong Buy, with a price target consensus of C$6.95, which is a 29.7% upside from current levels. In a report issued on October 12, Scotiabank also maintained a Buy rating on the stock with a C$6.50 price target.
The company has a one-year high of C$7.60 and a one-year low of C$3.99. Currently, Champion Iron Ltd. has an average volume of 294.6K.
Champion Iron Ltd is engaged in the exploration and development of iron ore properties in Quebec, Canada. The company’s operating segment include Mine Site, Exploration and Evaluation, and Corporate. It generates maximum revenue from Mine Site segment. The company projects include Fire Lake, Powderhorn/Gullbridge, Moire, Quinto Claims, Harvey Tuttle, O’keefe-Purdy, and others.
The company’s shares closed last Wednesday at C$5.30.
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