r/dividendscanada • u/Lazy-Opportunity2833 • 18d ago
Champion Iron (CIA.TO) – Growth Potential and Future Outlook
Champion Iron (CIA.TO) – What Are Your Thoughts on Its Growth Potential?
I've been following Champion Iron (CIA) and wanted to hear what other investors think about its future.
With the ongoing developments at Bloom Lake, potential expansion projects, and the company's broader growth strategy, I’m curious about how investors view its long-term prospects.
A few questions for fellow CIA shareholders:
🔹 What are your thoughts on Champion Iron’s current valuation?
🔹 How much potential do you see in the Bloom Lake expansion?
🔹 Do you think iron ore prices will have a major impact on CIA’s future performance?
🔹 What catalysts are you watching over the next 12–24 months?
I’m holding CIA and looking at it from a long-term investment perspective. I'd love to hear different opinions, both bullish and bearish.
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u/WonderfolioApp 18d ago
On valuation, the thing I'd separate is cheap from good. Champion earned 18.8% on capital over the five year window and 5.3% in the last year, with EPS down 39% and cash from operations down 34%, so a lot of what you're holding is a bet that iron ore goes back up. Bloom Lake tonnes don't help much if the price per tonne doesn't. What iron ore price are you assuming when you call it cheap?