How to buy Champion Iron shares

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 listed in Australian Dollars. and has a market cap (total outstanding shares value) of $1.3 billion.

How to buy shares in Champion Iron

1. 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.
2. 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.
3. 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.
4. 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.
5. Decide on how many to buy. At today's price of $N/A, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. 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.

Champion Iron share price

Use our graph to track the performance of CIA stocks over time.

Champion Iron shares at a glance

• Key figures

Information last updated 2020-09-25.

52-week range	AUDA$1.415 - AUDA$3.35
50-day moving average	AUDA$3.0753
200-day moving average	AUDA$2.5151
Target price	AUDA$0.19
PE ratio	11.874
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.009

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AUD 8

Standard brokerage - Australian shares

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Competitive broker fees on Australian and international shares

• Brokerage - AU shares: From AUD 5 or 0.05%
• Brokerage - US shares: USD 0
• Sign-up process: Instant
• Support - After hours: Yes

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Important: Share trading carries risk of capital loss.

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

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.

Technical Analysis of Champion Iron Limited by TradingView

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 12x. In other words, Champion Iron shares trade at around 12x 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 financials

Gross profit TTM	$378.1 million
Return on assets TTM	19.57%
Return on equity TTM	32.65%
Profit margin	16.79%
Book value	0.195
Market capitalisation	$1.3 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 $1.415 up to $3.35. 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 1.988. 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 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.

Frequently asked questions

• What percentage of Champion Iron is owned by insiders or institutions?

  Currently 26.235% of Champion Iron shares are held by insiders and 24.249% by institutions.

• When does the fiscal year end for Champion Iron?

  Champion Iron's fiscal year ends in March.

• Where is Champion Iron based?

  Champion Iron's address is: 91 Evans Street, Rozelle, NSW, Australia, 2039