How to buy Champion Iron (CIA) shares
Learn how to easily invest in Champion Iron shares.
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Champion Iron Limited is an other industrial metals & mining business based in Australia. Champion Iron shares (CIA) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Champion Iron has a trailing 12-month revenue of around $1.6 billion. If you're looking to buy shares, check out the steps below.
How to buy shares in Champion Iron
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Champion Iron. Find the share by name or ticker symbol: CIA. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Champion Iron reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of Champion Iron. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- Champion Iron key stats
- Compare share trading platforms
- Is Champion Iron stock a buy or sell?
- Champion Iron performance over time
- Are Champion Iron shares over-valued?
- Champion Iron's financials
- How volatile are Champion Iron shares?
- Does Champion Iron pay a dividend?
- Have Champion Iron shares ever split?
- Other common questions
Champion Iron stock price (ASX:CIA)Use our graph to track the performance of CIA stocks over time.
Champion Iron shares at a glance
|52-week range||$2.96 - $7.86|
|50-day moving average||$5.0892|
|200-day moving average||$6.1687|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$1.311|
Compare share trading platforms
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy Champion Iron stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Champion Iron price performance over time
|1 week (2021-10-13)||1.28%|
|1 month (2021-09-20)||5.58%|
|3 months (2021-07-20)||-26.78%|
|6 months (2021-04-20)||-26.67%|
|1 year (2020-10-20)||51.12%|
|2 years (2019-10-18)||127.40%|
|3 years (2018-10-18)||272.44%|
|5 years (2016-10-17)||1,912.77%|
Is Champion Iron under- or over-valued?
Valuing Champion Iron stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Champion Iron's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Champion Iron's P/E ratio
Champion Iron's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 4x. In other words, Champion Iron shares trade at around 4x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Champion Iron's EBITDA
Champion Iron's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.1 billion (£0.0 million).
The EBITDA is a measure of a Champion Iron's overall financial performance and is widely used to measure a its profitability.
Champion Iron financials
|Revenue TTM||$1.6 billion|
|Operating margin TTM||67.32%|
|Gross profit TTM||$856.7 million|
|Return on assets TTM||50.07%|
|Return on equity TTM||82.16%|
|Market capitalisation||$2.4 billion|
TTM: trailing 12 months
Champion Iron share dividends
We're not expecting Champion Iron to pay a dividend over the next 12 months.
Have Champion Iron's shares ever split?
Champion Iron's shares were split on a 1:5 basis on 11 September 2012. So if you had owned 5 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Champion Iron shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for Champion Iron shares which in turn could have impacted Champion Iron's share price.
Champion Iron share price volatility
Over the last 12 months, Champion Iron's shares have ranged in value from as little as $2.96 up to $7.86. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Champion Iron's is 1.6162. This would suggest that Champion Iron's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Champion Iron overview
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.
Stocks similar to Champion Iron
Champion Iron in the news
Champion Iron Provides Notice of Second Quarter Results and Conference Call Webcast Details
What Kind Of Shareholders Hold The Majority In Champion Iron Limited's (ASX:CIA) Shares?
Frequently asked questions
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