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An announcement from Champion Iron ( (AU:CIA) ) is now available.
Champion Iron Limited reported a change in director Ronald Hugh Beevor’s interests following the issuance of 984 deferred share units (DSUs) at A$5.40 each under the company’s 2018 Omnibus Incentive Plan. The transaction, which did not involve any disposal of securities, increased Beevor’s direct DSU holdings to 49,183 while his ordinary shareholdings remained unchanged, underscoring the company’s continued use of long-term equity incentives to retain and align key board members with the company’s performance and shareholder value.
The most recent analyst rating on (AU:CIA) stock is a Buy with a A$7.00 price target. To see the full list of analyst forecasts on Champion Iron stock, see the AU:CIA Stock Forecast page.
More about Champion Iron
Champion Iron Limited is an iron ore producer focused on developing and operating high-grade iron ore projects, supplying global steel markets. Listed on the ASX, the company uses equity-based incentive plans to align management and director remuneration with shareholder interests.
Average Trading Volume: 1,474,753
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$3.23B
For a thorough assessment of CIA stock, go to TipRanks’ Stock Analysis page.