CIA : Champion Iron Limited Stock Profile

Last Updated: 3/12/2024 0:47:16

Champion Iron Limited trades with the ticker CIA on the TSX and is in the Steel industry.

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; the Consolidated Fire Lake North project that includes the Fire Lake North, Don Lake, Bellechasse, and Oil Can deposits situated in Quebec; and the Kamistiatusset project located in the Labrador. The company sells its iron ore concentrate in China, Japan, the Middle East, Europe, South Korea, India, and internationally. Champion Iron Limited is headquartered in Rozelle, Australia.
 

Looking to invest in Champion Iron Limited? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

CIA.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $3619.492MM

PE Ratio: 12.105

Price: 2.34 (Updated: 3/12/2024 0:47:16)



Champion Iron Limited (CIA) vs Competitors in Steel

Lets see how CIA.TO stacks up against others in the Steel asset management industry. We have identified its main peers as:

Labrador Iron Ore Royalty Corporation, Stelco Holdings Inc, Algoma Steel Group Inc

.

Steel Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Champion Iron Limited (CIA) $3,619.492 12.105 5.781 2.9%
Labrador Iron Ore Royalty Corporation (LIF) $1,961.6 10.908 12.578 8.3%
Stelco Holdings Inc (STLC) $2,276.815 15.296 4.244 4.8%
Algoma Steel Group Inc (ASTL) $1,126.732 16.922 4.822 N/A%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Steel

  • Champion Iron Limited (CIA) vs Labrador Iron Ore Royalty Corporation (LIF)
    • LIF has higher EPS (2.81 vs 0.57). LIF has higher dividend yield (8.3% vs 2.9%). CIA has a higher P/E ratio (12.105 vs 10.908) indicating it’s more expensive.
  • Champion Iron Limited (CIA) vs Stelco Holdings Inc (STLC)
    • STLC has higher EPS (2.7 vs 0.57). STLC has higher dividend yield (4.8% vs 2.9%). STLC has a higher P/E ratio (15.296 vs 12.105) indicating it’s more expensive.
  • Champion Iron Limited (CIA) vs Algoma Steel Group Inc (ASTL)
    • ASTL has higher EPS (0.64 vs 0.57). CIA provides dividends, while ASTL does not. ASTL has a higher P/E ratio (16.922 vs 12.105) indicating it’s more expensive.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (12.11) than the industry average (13.70), indicating potential undervaluation.
 

How to Buy CIA stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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