Analyst Price Target is $7.25
▲ +45.20% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Champion Iron in the last 3 months. The average price target is $7.25, with a high forecast of $7.50 and a low forecast of $7.00. The average price target represents a 45.20% upside from the last price of $4.99.
Current Consensus is
The current consensus among 6 polled investment analysts is to buy stock in Champion Iron.
Champion Iron Limited engages in the acquisition, exploration, development, and production of iron ore deposits in North-Eastern Quebec. Its flagship project include the Bloom Lake mine, which consists of BM877 mining lease covering an area of 6,857.63 ha and 53 mining claims comprising an area of approximately 2,458.29 ha located in Quebec, 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. The company was formerly known as Champion Iron Mines Limited and changed its name to Champion Iron Limited in March 2014. Champion Iron Limited is headquartered in Rozelle, Australia.