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Champion Iron ( (AU:CIA) ) has issued an update.
Champion Iron Limited has disclosed a change in the securities held by director Michelle Cormier, in line with ASX listing rule 3.19A.2 requirements. The filing shows that Cormier received an issuance of 9,980 Deferred Share Units, increasing her holding to 159,675 DSUs alongside 456,500 ordinary shares.
The new DSUs were granted under Champion Iron’s 2018 Omnibus Incentive Plan at a reference value of CAD5.01 per unit, with no securities disposed in the transaction. The update underscores the continued use of equity-based incentives to align director compensation with shareholder interests, without involving any trading during a closed period.
The most recent analyst rating on (AU:CIA) stock is a Buy with a A$6.60 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 assets. The company is listed on the ASX and operates within the broader metals and mining sector, supplying iron ore products to global steel and commodities markets.
Average Trading Volume: 1,881,273
Technical Sentiment Signal: Buy
Current Market Cap: A$2.82B
Learn more about CIA stock on TipRanks’ Stock Analysis page.