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Champion Iron ( (AU:CIA) ) has provided an update.
Champion Iron Limited has disclosed a change in director Louise Grondin’s interests following the automatic issue of 2,455 Deferred Share Units (DSUs) under the company’s 2018 Omnibus Incentive Plan. The issuance, valued at CAD4.93 per DSU, increases Grondin’s direct holding from 121,083 to 123,538 DSUs and reflects the ongoing use of equity-based incentives to align director remuneration with shareholder interests without involving any on-market trades or changes to contractual interests.
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. The company is listed on the ASX and operates within the mining and resources industry, supplying iron ore products to global steelmaking markets.
Average Trading Volume: 1,474,753
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$3.23B
For an in-depth examination of CIA stock, go to TipRanks’ Overview page.