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Champion Iron ( (AU:CIA) ) has issued an update.
Champion Iron Limited has announced the issuance of 15 million fully paid ordinary shares, which are set to be quoted on the Australian Securities Exchange (ASX) under the code CIA. This move is part of the company’s strategic efforts to enhance its capital structure and potentially expand its market presence, which could have significant implications for its stakeholders and industry positioning.
The most recent analyst rating on (AU:CIA) stock is a Buy with a A$8.00 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 operates in the mining industry, primarily focusing on the extraction and production of iron ore. The company is known for its high-grade iron ore products, catering to global steel markets.
Average Trading Volume: 1,875,008
Technical Sentiment Signal: Sell
Current Market Cap: A$2.16B
Find detailed analytics on CIA stock on TipRanks’ Stock Analysis page.