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An update from Champion Iron ( (AU:CIA) ) is now available.
Champion Iron reported strong financial results for its FY2026 second quarter, with record sales of 3.9 million dmt and a revenue of $493 million. The company declared a semi-annual dividend and is advancing its DRPF project, which aims to upgrade Bloom Lake’s capacity to produce DR quality iron ore. The company also formalized a strategic partnership with Nippon Steel and Sojitz for the Kami Project, enhancing its market positioning and growth prospects.
The most recent analyst rating on (AU:CIA) stock is a Buy with a A$5.90 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 a prominent player in the mining industry, focusing on the production and sale of high-grade iron ore concentrate. The company operates primarily through its Bloom Lake Mine, with a strategic emphasis on sustainable operations and maximizing shareholder value.
Average Trading Volume: 1,830,378
Technical Sentiment Signal: Buy
Current Market Cap: A$2.57B
See more data about CIA stock on TipRanks’ Stock Analysis page.