courtesy of retiredcf on stockhouse forum
Mr. MacArthur (Raymond James) also increased his Champion Iron Ltd. target to $8.75 from $7.50 with an “outperform” rating. The average is $8.“We believe Champion offers investors good exposure to premium iron ore through its Bloom Lake asset, which is a long-life, lower-cost asset producing, high-grade iron ore concentrate (66-per-cent iron) located in Quebec, Canada, a lower-risk jurisdiction,” he said. “In addition, we believe Champion has potential for growth through its Bloom Lake Phase 2 expansion project at favourable capital costs, given the previous owners spent significant capital. Given Champion’s exposure to premium iron ore (which we believe should trade at a premium given structural changes in the iron ore industry), high-quality asset, growth potential, and low jurisdictional risk, we rate the shares Outperform.”
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Outperform : Upgrade $8.75
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Last
$6.55 |
Change
0.120(1.87%) |
Mkt cap ! $3.393B |
Open | High | Low | Value | Volume |
$6.61 | $6.62 | $6.47 | $9.059M | 1.384M |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 1877 | $6.52 |
Sellers (Offers)
Price($) | Vol. | No. |
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$6.55 | 36903 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 939 | 6.520 |
4 | 17838 | 6.510 |
3 | 9367 | 6.500 |
2 | 5929 | 6.490 |
1 | 406 | 6.470 |
Price($) | Vol. | No. |
---|---|---|
6.550 | 3831 | 1 |
6.560 | 9000 | 1 |
6.570 | 10155 | 4 |
6.580 | 7460 | 9 |
6.590 | 18803 | 6 |
Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
$6.54 |
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Change
0.120 ( 1.01 %) |
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Open | High | Low | Volume | ||
$6.59 | $6.61 | $6.48 | 202093 | ||
Last updated 15.59pm 06/06/2024 ? |
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