Champion Iron in the Spotlight as Analysts Forecast Over 40% Upside

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Highlights

  • TD Cowen has issued a buy rating on Champion Iron with a price target of AUD 6, indicating over 40% upside from current levels.
  • Bell Potter Securities has also issued a buy rating with a price target of AUD 6.20, representing a potential upside of 45.2%.
  • Champion Iron operates the Bloom Lake iron ore mine in Quebec, Canada, and is developing the Fire Lake North project in the same region.
  • FY25 revenue stood at CAD 1.6 billion, matching consensus estimates; EBITDA was CAD 471 million, and net profit was CAD 142 million, down 37% YoY.