▲ +5.34% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Champion Iron in the last 3 months. The average price target is C$6.56, with a high forecast of C$7.75 and a low forecast of C$3.25. The average price target represents a 5.34% upside from the last price of C$6.23.
The current consensus among 4 investment analysts is to buy stock in Champion Iron. This Buy consensus rating has held steady for over two years.
Champion Iron Limited engages in the acquisition, exploration, development, and production of iron ore deposits in Canada. Its flagship projects include the Bloom Lake Mine located in south end of the Labrador; 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 also holds interest in Kami iron ore project located in the Labrador. It sells its iron ore concentrate in China, Japan, the Middle East, Europe, South Korea, India, Canada, and internationally. Champion Iron Limited is headquartered in Rozelle, Australia.