Closing Bell: Champion Iron Ltd up on Wednesday (CIA)

Champion Iron Ltd opened trading today at $5.74 and closed at $5.81. prices ranged from $5.67 to $6.00.

Share prices gained 5.64% from the previous day's close of $5.50.

During the day across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

Champion Iron Ltd traded under CIA on the Toronto Stock Exchange (TSX).

Trading volume was 621,010 on 2,262 total trades, with an average volume of 382,718 over the last 5 days.

Trading across the entire TSX saw 3,418 price advancers against 1,773 declines and 138 unchanged.

During the prior 52 weeks, CIA.TO has traded as high as $7.77 (January 04,2024) and low as $4.57 (August 16,2023). Moreover, in the last 12 months, Champion Iron Ltd's shares have boosted 6.22%, while they have shrunken -22.12% this year.

Following today's trading, Champion Iron Ltd has a market capitalization of $2.83 billion on a float of 518,071 shares outstanding. Its annual EPS is $0.44.

Champion Iron Ltd is a TSX Steel company headquartered in Sydney, AUS.

Currently, Champion Iron Ltd's consensus rating is "Moderate Buy" based on 9 analysts according to Zacks. Currently, there are 6 buy ratings and 3 hold ratings for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..