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mid-cap

Business Insights on One Materials Stock - CIA

Oct 31, 2023 | Team Kalkine
Business Insights on One Materials Stock - CIA

Section1: Company Overview

Champion Iron Limited (TSX: CIA) is engaged in the exploration and development of iron ore properties in Quebec, Canada. The company's operating segment includes Mine Site, Exploration and Evaluation, and Corporate. It generates maximum revenue from Mine Site segment. The company projects include Fire Lake North, Powderhorn/Gullbridge, Moire, Quinto Claims, Harvey Tuttle, O'keefe-Purdy, and others. This Report covers the Investment Highlights, Key Financial Metrics, Risks associated along with the Valuation, Target Price, and Recommendation on the stock.

1.1 Investment Highlights

Section2:  Financial Highlights

 2.1 Key Financial Highlights

Section 3:  Stock Recommendation Summary

3.1 Valuation Methodology

Valuation Methodology (Illustrative): EV to Sales based

3.2 Price Performance and Stock Recommendation

The stock has witnessed an upside of ~16.35 and ~15.28% over the last 1 week and 1 month respectively. Moreover, the stock is trading above the average 52-week high price of CAD 7.60 and 52-week low price of CAD 3.99, providing an opportunity to exit, as the prices are trading near the resistance and could make some correction. Champion Iron Limited (TSX: CIA) was last covered on 27th October 2023.

3.3 One-Year Technical Price Chart