ASX Share rice
Fri 07 Aug 2020 - 08:02:am (Sydney)

CIA Share Price

CHAMPION IRON LIMITEDCIAMaterials

CIA Company Information

Name:

Champion Iron Limited

Sector:

Basic Materials

Industry:

Other Industrial Metals & Mining

Address:

91 Evans Street Rozelle NSW Australia 2039

Phone:

61 2 9810 7816

Exec. Chairman:

Mr. William Michael O'Keeffe

CEO & Director:

Mr. David Cataford P.Eng.

Chief Financial Officer:

Ms. Natacha Garoute C.A., L.L.B., LLB, CPA, CPA, CA

VP, Gen. Counsel & Corp. Sec.:

Mr. Steve Boucratie

Chief Operating Officer:

Mr. Alexandre Belleau

Company Overview:

Champion Iron Limited engages in the acquisition, exploration, development, and production of iron ore deposits in North-Eastern Quebec. Its flagship project include the Bloom Lake mine, which consists of BM877 mining lease covering an area of 6,857.63 ha and 53 mining claims comprising an area of approximately 2,458.29 ha located in Quebec, Canada; and the Consolidated Fire Lake North project that includes the Fire Lake North, Don Lake, Bellechasse, and Oil Can deposits situated in northeastern Quebec. The company was formerly known as Champion Iron Mines Limited and changed its name to Champion Iron Limited in March 2014. Champion Iron Limited is headquartered in Rozelle, Australia.

CIA Share Price Information

Shares Issued:

472.84M

Market Capitalisation:

$1.42B

Earnings per Share:

$-0.009

Profit Margin:

0.1679

Return On Assets (TTM):

$0.20

Return On Equity (TTM):

$0.33

Quarterly Revenue Growth (YOY):

-0.12

Gross Profit(TTM):

$378.12M

Diluted Earnings Per Share (TTM):

$-0.009

QuarterlyEarnings Growth(YOY):

0.875

CIA CashFlow Statement

CashFlow Date:

2020-03-31

Investments:

$-152,892,000

Change To Liabilities:

$9.47M

Total Cashflow From Investing Activities:

$-152,892,000

Net Borrowings:

$456K

Net Income:

$89.43M

Total Cash From Operating Activities:

$309.57M

Depreciation:

$22M

Dividends Paid:

$0

Change To Inventory:

$-12,118,000

Capital Expenditures:

$153.51M

CIA Income Statement

Income Date:

2020-03-31

Income Before Tax:

$241.19M

Net Income:

$89.43M

Gross Profit:

$363.72M

Operating Income:

$326.37M

Other Operating Expenses:

$6.12M

Interest Expense:

$20.75M

Income Tax Expense:

$120.14M

Total Revenue:

$785.09M

Total Operating Expenses:

$458.72M

Cost Of Revenue:

$421.37M

CIA Balance Sheet

Balance Sheet Date:

2020-03-31

Total Liabilities:

$505.98M

Total Stockholder Equity:

$376.62M

Total Assets:

$882.60M

Common Stock:

$431.56M

Retained Earnings:

$-151,751,000

Other Liabilities:

$115.19M

Other Assets:

$32.44M

Cash:

$281.36M

Total Current Liabilities:

$112.92M

Property - Plant & Equipment:

$447.07M

Net Tangible Assets:

$376.62M

Long-Term Investments:

$1.55M

Total Current Assets:

$401.55M

Long-Term Debt:

$275.97M

Net Receivables:

$15.94M

Short-Term Investments:

$481.35M

Inventory:

$58.61M

Accounts Payable:

$44.49M

Non Currrent Assets (Other):

$481.35M

Short-Term Investments:

$481.35

Non Current Liabilities (Other):

$4.41M

Non Current Liabilities Total:

$393.06M

CIA Share Price History

CIA News

30 Jul, 2020
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of...
23 Jul, 2020
Vancouver, British Columbia--(Newsfile Corp. - July 23, 2020) - After 22 years on the air, BTV-Business Television is proud to be the longest running business program in Canada and thrilled to celebrate its 350th episode. On national TV Sat. July 25 & Sun. July 26, 2020 - BTV-Business Television features companies in mining, retail cannabis and PPE products sure to pique investors' interest. Discover Companies to Invest In Click company name to ...
22 Jul, 2020
MONTRÉAL, July 22, 2020 /CNW Telbec/ - Champion Iron Limited (TSX: CIA) (ASX: CIA) ("Champion" or the "Company") is pleased to announce the appointment of Alexandre Belleau as Chief Operating Officer. Mr. Belleau was instrumental in the successful recommissioning and operation of the Bloom Lake mine since joining Champion in 2016 and he most recently held the tile of General Manager of Projects and Innovation, leading the Company's efforts in connection with the mine's proposed Phase II expansion project. "On behalf of the Board of Directors and myself, we are pleased to recognize Alexandre's numerous contributions with this promotion, as Champion has benefitted from his tenacity and proven ability to deliver projects on time and on budget," commented David Cataford, Champion's CEO.
09 Jul, 2020
Q4 2020 Champion Iron Ltd Earnings Call
Champion Iron Provides Notice of First Quarter Results and Conference Call Webcast Details
25 Jun, 2020
Champion Iron's's (ASX:CIA) stock is up by a considerable 70% over the past three months. Given that the market...
20 May, 2020
For complete details of the Annual Audited Consolidated Financial Statements and  Management's Discussion and Analysis please refer to the Company's filings on SEDAR (www.sedar.com) or the Company's website (www.championiron.com). The COVID-19 pandemic has negatively impacted the global economy and created significant economic uncertainty and disruption of financial markets.
11 May, 2020
Champion Iron provides notice of fourth quarter and fiscal 2020 financial results conference call and webcast
29 Apr, 2020
Detailed operational and financial results, including audited financial statements, management's discussion and analysis and an annual information form, in compliance with Canadian securities and regulatory requirements, are expected to be released on May 20, 2020 . Work programs completed to date have significantly de-risked the construction timeline of the Phase II growth project initially estimated at 21 months.
23 Apr, 2020
MONTRÉAL, April 23, 2020 /CNW/ - Champion Iron Limited (CIA.AX) (CIA.AX) (the "Company" or "Champion") announces it will gradually ramp up operations at the Bloom Lake Mining Complex ("Bloom Lake") following an announcement from the Québec Government (the "Government") that effective April 15, 2020 , mining activities were to be considered a "priority service" and allowed to resume normal operations in the province of Québec, Canada , conditional on the implementation of guidelines aiming to contain the risks related to COVID-19. On March 24, 2020 , the Company announced the ramp down of operations at Bloom Lake following a directive from the Government, which required mining activities to be reduced to a minimum in the province of Québec, Canada .
24 Mar, 2020
MONTRÉAL, March 24, 2020 /CNW/ - Champion Iron Limited (CIA.AX) (CIA.AX) (the "Company" or "Champion") announces that it will ramp down operations at the Bloom Lake Mining Complex ("Bloom Lake"), following a directive from the Québec Government, which requires mining activities to be reduced to a minimum in the province of Québec, Canada , as of March 24, 2020 , until at least April 13, 2020 , in an effort to contain COVID-19. With $187.5 million in cash and short-term investments as of the quarter ending December 31, 2019 , the Company has substantial liquidity to withstand the period of reduced operations as mandated under the current directives from the government of Québec.
19 Mar, 2020
MONTRÉAL, March 19, 2020 /CNW/ - Champion Iron Limited (CIA.AX) (CIA.AX) (the "Company" or "Champion") announces that the Board has determined that the Company will not proceed with the previously announced proposal to redomicile from Australia to Canada by way of a scheme of arrangement under Part 5.1 of the Corporations Act 2001 (Cth) and the liquidation of the Company (the "Re-domicile" or the "Re‑domiciliation"), due to the current market volatility and global uncertainty associated with the COVID-19 virus. As a result of such current market volatility and global uncertainty, the Company may not be able to realize some of the anticipated benefits of the Re-domicile. The Company has decided to terminate the scheme of arrangement and will withdraw the application to seek orders from the Federal Court of Australia approving the scheme of arrangement.
16 Mar, 2020
To the annoyance of some shareholders, Champion Iron (ASX:CIA) shares are down a considerable 36% in the last month...
12 Mar, 2020
MONTRÉAL, March 11, 2020 /CNW/ - Champion Iron Limited (CIA.AX) (CIA.AX) (the Company or Champion ) is pleased to announce the results of the scheme meeting to approve the re-domicile of Champion from Australia to Canada by way of scheme of arrangement. As shown below the motion to approve the members' scheme of arrangement was passed by the requisite statutory majorities. Separately the Company also held an extraordinary general meeting in relation to the buyback of the special voting share.
02 Mar, 2020
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...
07 Feb, 2020
Q3 2020 Champion Iron Ltd Earnings Call
05 Feb, 2020
MONTRÉAL, Feb. 4, 2020 /CNW/ - Champion Iron Limited (CIA.AX) (CIA.AX) (the "Company" or "Champion") is pleased to confirm that the Australian Securities and Investments Commission has today registered the Scheme Booklet in relation to the proposed re-domicile of the Company by way of a scheme of arrangement (the Re-domicile). The Independent Expert, Grant Thornton Corporate Finance Pty Ltd, has concluded that the Re-domicile is in the best interests of the Company Shareholders. Copies of the Scheme Booklet and Proxy Form will be sent to the Company shareholders on or around Monday, 10 February 2020 ( Sydney time).
04 Feb, 2020
MONTRÉAL , Feb. 4 , 2020 /CNW/ - Champion Iron Limited (CIA.AX) (CIA.AX) (the Company or Champion ) is pleased to advise that the Federal Court of Australia has today made orders to convene a meeting of the Company's shareholders to vote on the previously announced proposed re-domicile of the Company by way of a scheme of arrangement (the Re-domicile). A full copy of the Scheme Booklet, as approved by the Federal Court, is anticipated to be released on ASX on 5 February 2020 ( Sydney time) following registration of the scheme booklet with ASIC and available on SEDAR at www.sedar.com on 4 February 2020 (Montréal time).
29 Jan, 2020
For complete details of the unaudited Condensed Consolidated Financial Statements and associated Management's Discussion and Analysis, please refer to the Company's filings on SEDAR (www.sedar.com) or the Company's website (www.championiron.com).
27 Jan, 2020
Today we are going to look at Champion Iron Limited (ASX:CIA) to see whether it might be an attractive investment...