25 XP   0   0   10

Champion Iron Ltd
Buy, Hold or Sell?

Let's analyse Champion Iron Ltd together

PenkeI guess you are interested in Champion Iron Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Champion Iron Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

Get notifications about Champion Iron Ltd

I send you an email if I find something interesting about Champion Iron Ltd.

Quick analysis of Champion Iron Ltd (30 sec.)










What can you expect buying and holding a share of Champion Iron Ltd? (30 sec.)

How much money do you get?

How much money do you get?
C$0.15
When do you have the money?
1 year
How often do you get paid?
35.0%

What is your share worth?

Current worth
C$2.64
Expected worth in 1 year
C$3.06
How sure are you?
60.0%

+ What do you gain per year?

Total Gains per Share
C$0.61
Return On Investment
9.5%

For what price can you sell your share?

Current Price per Share
C$6.47
Expected price per share
C$5.8246781569966 - C$7.35
How sure are you?
50%

1. Valuation of Champion Iron Ltd (5 min.)




Live pricePrice per Share (EOD)

C$6.47

Intrinsic Value Per Share

C$-5.95 - C$-7.22

Total Value Per Share

C$-3.31 - C$-4.57

2. Growth of Champion Iron Ltd (5 min.)




Is Champion Iron Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$1b$858.5m$89.7m9.5%

How much money is Champion Iron Ltd making?

Current yearPrevious yearGrowGrow %
Making money$54.5m$41.9m$12.6m23.1%
Net Profit Margin16.6%17.7%--

How much money comes from the company's main activities?

3. Financial Health of Champion Iron Ltd (5 min.)




4. Comparing to competitors in the Steel industry (5 min.)




  Industry Rankings (Steel)  


Richest
#86 / 330

Most Revenue
#136 / 330

Most Profit
#63 / 330

What can you expect buying and holding a share of Champion Iron Ltd? (5 min.)

Welcome investor! Champion Iron Ltd's management wants to use your money to grow the business. In return you get a share of Champion Iron Ltd.

What can you expect buying and holding a share of Champion Iron Ltd?

First you should know what it really means to hold a share of Champion Iron Ltd. And how you can make/lose money.

Speculation

The Price per Share of Champion Iron Ltd is C$6.47. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Champion Iron Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Champion Iron Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is C$2.64. Based on the TTM, the Book Value Change Per Share is C$0.10 per quarter. Based on the YOY, the Book Value Change Per Share is C$0.03 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is C$0.05 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Champion Iron Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 C$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per Share
Usd Eps0.182.8%0.111.6%0.081.2%0.111.6%0.050.8%
Usd Book Value Change Per Share0.111.7%0.081.2%0.020.4%0.081.3%0.050.8%
Usd Dividend Per Share0.071.1%0.040.6%0.071.1%0.030.5%0.020.2%
Usd Total Gains Per Share0.192.9%0.111.7%0.091.5%0.111.8%0.061.0%
Usd Price Per Share5.49-4.55-4.23-3.28-1.85-
Price to Earnings Ratio7.64-17.36-17.46-18.23-5.07-
Price-to-Total Gains Ratio29.59-1.43-49.06-7.49--11.14-
Price to Book Ratio2.82-2.48-2.60-2.96-3.11-
Price-to-Total Gains Ratio29.59-1.43-49.06-7.49--11.14-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share4.763861
Number of shares209
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.040.03
Usd Book Value Change Per Share0.080.08
Usd Total Gains Per Share0.110.11
Gains per Quarter (209 shares)23.6323.87
Gains per Year (209 shares)94.5195.46
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1316485257085
26112818050140180
39219127576211275
4123255370101281370
5154319465126351465
6184383560151421560
7215447655177492655
8246510750202562750
9276574845227632845
10307638940252702940

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%23.017.00.057.5%23.017.00.057.5%
Book Value Change Per Share3.01.00.075.0%8.04.00.066.7%16.04.00.080.0%22.018.00.055.0%22.018.00.055.0%
Dividend per Share2.00.02.050.0%10.00.02.083.3%14.00.06.070.0%14.00.026.035.0%14.00.026.035.0%
Total Gains per Share3.01.00.075.0%10.02.00.083.3%18.02.00.090.0%24.016.00.060.0%24.016.00.060.0%

Fundamentals of Champion Iron Ltd

About Champion Iron Ltd

Champion Iron Limited engages in the acquisition, exploration, development, and production of iron ore deposits in Canada. Its flagship projects include the Bloom Lake Mine located in south end of the Labrador; the Consolidated Fire Lake North project that includes the Fire Lake North, Don Lake, Bellechasse, and Oil Can deposits situated in Quebec; and the Kamistiatusset project located in the Labrador. The company sells its iron ore concentrate in China, Japan, the Middle East, Europe, South Korea, India, and internationally. Champion Iron Limited is headquartered in Rozelle, Australia.

Fundamental data was last updated by Penke on 2024-03-22 18:57:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Champion Iron Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Champion Iron Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Champion Iron Ltd to the Steel industry mean.
  • A Net Profit Margin of 24.9% means that $0.25 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Champion Iron Ltd:

  • The MRQ is 24.9%. The company is making a huge profit. +2
  • The TTM is 16.6%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ24.9%TTM16.6%+8.3%
TTM16.6%YOY17.7%-1.1%
TTM16.6%5Y21.6%-5.0%
5Y21.6%10Y-32,087.7%+32,109.3%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ24.9%2.7%+22.2%
TTM16.6%2.9%+13.7%
YOY17.7%4.8%+12.9%
5Y21.6%3.5%+18.1%
10Y-32,087.7%2.9%-32,090.6%
1.1.2. Return on Assets

Shows how efficient Champion Iron Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Champion Iron Ltd to the Steel industry mean.
  • 4.8% Return on Assets means that Champion Iron Ltd generated $0.05 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Champion Iron Ltd:

  • The MRQ is 4.8%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.0%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ4.8%TTM3.0%+1.8%
TTM3.0%YOY2.8%+0.2%
TTM3.0%5Y4.8%-1.8%
5Y4.8%10Y0.4%+4.5%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ4.8%1.1%+3.7%
TTM3.0%1.1%+1.9%
YOY2.8%1.9%+0.9%
5Y4.8%1.3%+3.5%
10Y0.4%1.0%-0.6%
1.1.3. Return on Equity

Shows how efficient Champion Iron Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Champion Iron Ltd to the Steel industry mean.
  • 9.2% Return on Equity means Champion Iron Ltd generated $0.09 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Champion Iron Ltd:

  • The MRQ is 9.2%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 5.7%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ9.2%TTM5.7%+3.6%
TTM5.7%YOY4.9%+0.8%
TTM5.7%5Y9.7%-4.1%
5Y9.7%10Y1.9%+7.9%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ9.2%2.2%+7.0%
TTM5.7%2.1%+3.6%
YOY4.9%3.9%+1.0%
5Y9.7%2.4%+7.3%
10Y1.9%1.8%+0.1%

1.2. Operating Efficiency of Champion Iron Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Champion Iron Ltd is operating .

  • Measures how much profit Champion Iron Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Champion Iron Ltd to the Steel industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Champion Iron Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM11.5%-11.5%
TTM11.5%YOY30.7%-19.1%
TTM11.5%5Y36.0%-24.5%
5Y36.0%10Y-26,134.2%+26,170.3%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.9%-5.9%
TTM11.5%3.4%+8.1%
YOY30.7%6.2%+24.5%
5Y36.0%5.6%+30.4%
10Y-26,134.2%4.1%-26,138.3%
1.2.2. Operating Ratio

Measures how efficient Champion Iron Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Steel industry mean).
  • An Operation Ratio of 1.11 means that the operating costs are $1.11 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Champion Iron Ltd:

  • The MRQ is 1.112. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.191. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.112TTM1.191-0.078
TTM1.191YOY0.693+0.497
TTM1.1915Y0.671+0.520
5Y0.67110Y641.011-640.340
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1121.706-0.594
TTM1.1911.645-0.454
YOY0.6931.488-0.795
5Y0.6711.527-0.856
10Y641.0111.306+639.705

1.3. Liquidity of Champion Iron Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Champion Iron Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Steel industry mean).
  • A Current Ratio of 2.85 means the company has $2.85 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Champion Iron Ltd:

  • The MRQ is 2.847. The company is able to pay all its short-term debts. +1
  • The TTM is 3.018. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ2.847TTM3.018-0.171
TTM3.018YOY2.504+0.514
TTM3.0185Y2.796+0.221
5Y2.79610Y5.713-2.917
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ2.8471.669+1.178
TTM3.0181.736+1.282
YOY2.5041.669+0.835
5Y2.7961.615+1.181
10Y5.7131.436+4.277
1.3.2. Quick Ratio

Measures if Champion Iron Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Champion Iron Ltd to the Steel industry mean.
  • A Quick Ratio of 0.42 means the company can pay off $0.42 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Champion Iron Ltd:

  • The MRQ is 0.424. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.965. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.424TTM0.965-0.541
TTM0.965YOY1.821-0.857
TTM0.9655Y2.062-1.097
5Y2.06210Y7.014-4.952
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4240.612-0.188
TTM0.9650.647+0.318
YOY1.8210.717+1.104
5Y2.0620.693+1.369
10Y7.0140.633+6.381

1.4. Solvency of Champion Iron Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Champion Iron Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Champion Iron Ltd to Steel industry mean.
  • A Debt to Asset Ratio of 0.48 means that Champion Iron Ltd assets are financed with 48.0% credit (debt) and the remaining percentage (100% - 48.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Champion Iron Ltd:

  • The MRQ is 0.480. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.467. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.480TTM0.467+0.013
TTM0.467YOY0.441+0.027
TTM0.4675Y0.492-0.024
5Y0.49210Y0.415+0.077
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4800.447+0.033
TTM0.4670.449+0.018
YOY0.4410.477-0.036
5Y0.4920.487+0.005
10Y0.4150.510-0.095
1.4.2. Debt to Equity Ratio

Measures if Champion Iron Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Champion Iron Ltd to the Steel industry mean.
  • A Debt to Equity ratio of 92.3% means that company has $0.92 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Champion Iron Ltd:

  • The MRQ is 0.923. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.878. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.923TTM0.878+0.045
TTM0.878YOY0.790+0.088
TTM0.8785Y1.116-0.238
5Y1.11610Y1.245-0.129
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9230.812+0.111
TTM0.8780.850+0.028
YOY0.7900.938-0.148
5Y1.1160.997+0.119
10Y1.2451.192+0.053

2. Market Valuation of Champion Iron Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Champion Iron Ltd generates.

  • Above 15 is considered overpriced but always compare Champion Iron Ltd to the Steel industry mean.
  • A PE ratio of 7.64 means the investor is paying $7.64 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Champion Iron Ltd:

  • The EOD is 6.629. Based on the earnings, the company is cheap. +2
  • The MRQ is 7.643. Based on the earnings, the company is underpriced. +1
  • The TTM is 17.364. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD6.629MRQ7.643-1.014
MRQ7.643TTM17.364-9.721
TTM17.364YOY17.461-0.098
TTM17.3645Y18.233-0.869
5Y18.23310Y5.070+13.163
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD6.6298.425-1.796
MRQ7.6437.908-0.265
TTM17.3647.165+10.199
YOY17.4616.986+10.475
5Y18.2338.371+9.862
10Y5.07011.042-5.972
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Champion Iron Ltd:

  • The EOD is 13.961. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 16.097. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is -10.757. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD13.961MRQ16.097-2.136
MRQ16.097TTM-10.757+26.854
TTM-10.757YOY11.201-21.958
TTM-10.7575Y1.080-11.836
5Y1.08010Y6.166-5.086
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD13.9613.044+10.917
MRQ16.0972.954+13.143
TTM-10.7572.082-12.839
YOY11.2011.470+9.731
5Y1.0800.910+0.170
10Y6.1661.538+4.628
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Champion Iron Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Steel industry mean).
  • A PB ratio of 2.82 means the investor is paying $2.82 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Champion Iron Ltd:

  • The EOD is 2.448. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.822. Based on the equity, the company is underpriced. +1
  • The TTM is 2.482. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.448MRQ2.822-0.375
MRQ2.822TTM2.482+0.340
TTM2.482YOY2.599-0.117
TTM2.4825Y2.958-0.477
5Y2.95810Y3.110-0.151
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD2.4481.005+1.443
MRQ2.8220.953+1.869
TTM2.4820.958+1.524
YOY2.5991.077+1.522
5Y2.9581.064+1.894
10Y3.1101.127+1.983
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Champion Iron Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.1520.104+47%0.031+384%0.114+33%0.066+130%
Book Value Per Share--2.6432.485+6%2.213+19%1.634+62%0.914+189%
Current Ratio--2.8473.018-6%2.504+14%2.796+2%5.713-50%
Debt To Asset Ratio--0.4800.467+3%0.441+9%0.492-2%0.415+16%
Debt To Equity Ratio--0.9230.878+5%0.790+17%1.116-17%1.245-26%
Dividend Per Share--0.1000.050+100%0.098+2%0.041+144%0.020+387%
Eps--0.2440.143+71%0.108+126%0.143+70%0.067+262%
Free Cash Flow Per Share--0.1160.124-6%-0.148+228%0.060+93%0.026+338%
Free Cash Flow To Equity Per Share--0.1500.116+29%-0.164+209%0.037+303%0.033+352%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---7.217--------
Intrinsic Value_10Y_min---5.950--------
Intrinsic Value_1Y_max---0.012--------
Intrinsic Value_1Y_min---0.012--------
Intrinsic Value_3Y_max---0.579--------
Intrinsic Value_3Y_min---0.542--------
Intrinsic Value_5Y_max---1.798--------
Intrinsic Value_5Y_min---1.623--------
Market Cap3353103483.520-15%3866174959.3603205401088.960+21%3030910130.000+28%2326143810.424+66%1311616462.548+195%
Net Profit Margin--0.2490.166+50%0.177+41%0.216+16%-320.877+128716%
Operating Margin---0.115-100%0.307-100%0.360-100%-261.3420%
Operating Ratio--1.1121.191-7%0.693+60%0.671+66%641.011-100%
Pb Ratio2.448-15%2.8222.482+14%2.599+9%2.958-5%3.110-9%
Pe Ratio6.629-15%7.64317.364-56%17.461-56%18.233-58%5.070+51%
Price Per Share6.470-15%7.4606.185+21%5.750+30%4.458+67%2.516+197%
Price To Free Cash Flow Ratio13.961-15%16.097-10.757+167%11.201+44%1.080+1391%6.166+161%
Price To Total Gains Ratio25.661-15%29.5871.433+1965%49.064-40%7.491+295%-11.137+138%
Quick Ratio--0.4240.965-56%1.821-77%2.062-79%7.014-94%
Return On Assets--0.0480.030+59%0.028+73%0.048-1%0.004+1261%
Return On Equity--0.0920.057+63%0.049+88%0.097-5%0.019+397%
Total Gains Per Share--0.2520.154+64%0.129+95%0.155+63%0.087+191%
Usd Book Value--1008705965.800948321266.500+6%858532794.850+17%628009524.245+61%350835872.771+188%
Usd Book Value Change Per Share--0.1120.076+47%0.023+384%0.084+33%0.049+130%
Usd Book Value Per Share--1.9461.830+6%1.629+19%1.203+62%0.673+189%
Usd Dividend Per Share--0.0740.037+100%0.072+2%0.030+144%0.015+387%
Usd Eps--0.1800.105+71%0.080+126%0.105+70%0.050+262%
Usd Free Cash Flow--44210397.20047263833.300-6%-57641613.650+230%22764997.030+94%10035649.002+341%
Usd Free Cash Flow Per Share--0.0850.091-6%-0.109+228%0.044+93%0.019+338%
Usd Free Cash Flow To Equity Per Share--0.1110.086+29%-0.120+209%0.027+303%0.024+352%
Usd Market Cap2468890094.916-15%2846664622.5772360136821.801+21%2231659128.719+28%1712739687.615+66%965743201.374+195%
Usd Price Per Share4.764-15%5.4934.554+21%4.234+30%3.282+67%1.852+197%
Usd Profit--93113970.60054599774.275+71%41995422.725+122%55014973.845+69%25918738.874+259%
Usd Revenue--373223843.300304742421.050+22%232404075.325+61%231808592.700+61%124612498.245+200%
Usd Total Gains Per Share--0.1860.113+64%0.095+95%0.114+63%0.064+191%
 EOD+4 -4MRQTTM+24 -11YOY+26 -95Y+28 -710Y+28 -6

3.2. Fundamental Score

Let's check the fundamental score of Champion Iron Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-156.629
Price to Book Ratio (EOD)Between0-12.448
Net Profit Margin (MRQ)Greater than00.249
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.424
Current Ratio (MRQ)Greater than12.847
Debt to Asset Ratio (MRQ)Less than10.480
Debt to Equity Ratio (MRQ)Less than10.923
Return on Equity (MRQ)Greater than0.150.092
Return on Assets (MRQ)Greater than0.050.048
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Champion Iron Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5044.874
Ma 20Greater thanMa 506.561
Ma 50Greater thanMa 1006.843
Ma 100Greater thanMa 2006.940
OpenGreater thanClose6.440
Total1/5 (20.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Total Other Income Expense Net -2,035-6,751-8,7867,257-1,529-666-2,1954,8552,660



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in CAD. All numbers in thousands.

Summary
Total Assets2,634,696
Total Liabilities1,264,730
Total Stockholder Equity1,369,966
 As reported
Total Liabilities 1,264,730
Total Stockholder Equity+ 1,369,966
Total Assets = 2,634,696

Assets

Total Assets2,634,696
Total Current Assets900,116
Long-term Assets1,734,580
Total Current Assets
Cash And Cash Equivalents 387,373
Net Receivables 134,067
Inventory 284,094
Total Current Assets  (as reported)900,116
Total Current Assets  (calculated)805,534
+/- 94,582
Long-term Assets
Property Plant Equipment 1,622,399
Long Term Investments 14,162
Long-term Assets Other 9,120
Long-term Assets  (as reported)1,734,580
Long-term Assets  (calculated)1,645,681
+/- 88,899

Liabilities & Shareholders' Equity

Total Current Liabilities316,127
Long-term Liabilities948,603
Total Stockholder Equity1,369,966
Total Current Liabilities
Accounts payable 203,390
Total Current Liabilities  (as reported)316,127
Total Current Liabilities  (calculated)203,390
+/- 112,737
Long-term Liabilities
Long term Debt 504,595
Capital Lease Obligations Min Short Term Debt74,872
Long-term Liabilities Other 14,576
Long-term Liabilities  (as reported)948,603
Long-term Liabilities  (calculated)594,043
+/- 354,560
Total Stockholder Equity
Retained Earnings 920,845
Total Stockholder Equity (as reported)1,369,966
Total Stockholder Equity (calculated)920,845
+/- 449,121
Other
Capital Stock408,713
Common Stock Shares Outstanding 518,254
Net Debt 117,222
Net Invested Capital 1,874,561
Net Working Capital 583,989
Property Plant and Equipment Gross 1,930,514



Balance Sheet

Currency in CAD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-30
> Total Assets 
0
0
0
127,820
121,300
117,534
115,647
93,364
92,466
90,541
89,411
85,494
148,498
141,360
134,523
173,222
178,539
196,920
302,833
401,716
477,513
582,637
617,047
672,017
798,614
773,157
797,859
882,598
1,002,307
1,072,906
1,265,122
1,496,906
1,657,646
1,773,545
1,923,774
1,989,230
2,014,813
2,156,323
2,189,347
2,315,269
2,322,676
2,407,938
2,634,696
2,634,6962,407,9382,322,6762,315,2692,189,3472,156,3232,014,8131,989,2301,923,7741,773,5451,657,6461,496,9061,265,1221,072,9061,002,307882,598797,859773,157798,614672,017617,047582,637477,513401,716302,833196,920178,539173,222134,523141,360148,49885,49489,41190,54192,46693,364115,647117,534121,300127,820000
   > Total Current Assets 
0
0
0
26,623
18,295
14,127
12,433
9,263
8,394
6,920
5,568
4,110
36,167
31,331
24,078
20,600
20,904
8,937
60,329
115,093
186,583
268,100
293,957
314,683
418,580
360,522
341,684
401,549
501,647
550,338
651,667
807,539
787,495
707,061
665,133
595,939
539,460
610,647
612,167
738,019
718,900
744,164
900,116
900,116744,164718,900738,019612,167610,647539,460595,939665,133707,061787,495807,539651,667550,338501,647401,549341,684360,522418,580314,683293,957268,100186,583115,09360,3298,93720,90420,60024,07831,33136,1674,1105,5686,9208,3949,26312,43314,12718,29526,623000
       Cash And Cash Equivalents 
0
0
0
16,222
7,031
5,600
4,590
1,347
1,770
717
231
294
4,911
774
123
1,863
2,221
1,315
48,761
7,895
71,679
97,866
167,821
135,424
192,976
193,753
170,275
281,363
330,215
408,500
489,640
609,316
393,557
491,333
468,082
321,892
155,924
276,858
165,986
326,806
250,340
316,530
387,373
387,373316,530250,340326,806165,986276,858155,924321,892468,082491,333393,557609,316489,640408,500330,215281,363170,275193,753192,976135,424167,82197,86671,6797,89548,7611,3152,2211,8631237744,9112942317171,7701,3474,5905,6007,03116,222000
       Short-term Investments 
0
0
0
66
66
166
100
1,300
4,100
3,100
2,900
1,377
29,027
26,594
20,950
11,466
16,019
2,255
3,144
17,291
17,291
17,759
17,627
17,907
17,704
17,291
17,291
17,291
17,291
17,291
17,560
27,200
29,775
31,588
30,949
30,777
31,161
562
312
312
0
0
0
00031231256231,16130,77730,94931,58829,77527,20017,56017,29117,29117,29117,29117,29117,70417,90717,62717,75917,29117,2913,1442,25516,01911,46620,95026,59429,0271,3772,9003,1004,1001,3001001666666000
       Net Receivables 
0
0
0
10,184
11,008
8,166
7,483
5,428
1,312
1,214
456
403
485
2,212
1,478
6,992
1,290
3,126
7,122
25,840
45,105
108,180
50,370
93,012
148,831
71,634
82,984
31,249
84,458
46,340
71,171
98,755
283,336
96,433
65,006
124,137
184,969
151,529
223,976
200,180
140,227
85,352
134,067
134,06785,352140,227200,180223,976151,529184,969124,13765,00696,433283,33698,75571,17146,34084,45831,24982,98471,634148,83193,01250,370108,18045,10525,8407,1223,1261,2906,9921,4782,2124854034561,2141,3125,4287,4838,16611,00810,184000
       Other Current Assets 
0
0
0
151
190
195
260
1,188
1,212
1,888
1,981
2,036
1,743
1,751
1,527
279
1,374
2,242
1,238
15,898
20,256
14,653
20,906
24,186
11,031
16,459
13,532
13,035
10,400
11,307
6,308
5,454
11,177
14,736
18,715
20,272
44,221
50,861
47,711
43,051
74,163
0
0
0074,16343,05147,71150,86144,22120,27218,71514,73611,1775,4546,30811,30710,40013,03513,53216,45911,03124,18620,90614,65320,25615,8981,2382,2421,3742791,5271,7511,7432,0361,9811,8881,2121,188260195190151000
   > Long-term Assets 
0
0
0
101,197
103,006
103,408
103,214
84,101
84,072
83,622
83,843
81,384
112,331
110,029
110,444
152,622
157,635
187,983
242,504
286,623
290,931
314,537
323,090
357,334
380,034
412,635
456,175
481,349
500,660
522,568
613,455
689,367
870,151
1,066,484
1,258,641
1,393,291
1,475,353
1,545,676
1,577,180
1,577,250
1,603,776
1,663,774
1,734,580
1,734,5801,663,7741,603,7761,577,2501,577,1801,545,6761,475,3531,393,2911,258,6411,066,484870,151689,367613,455522,568500,660481,349456,175412,635380,034357,334323,090314,537290,931286,623242,504187,983157,635152,622110,444110,029112,33181,38483,84383,62284,07284,101103,214103,408103,006101,197000
       Property Plant Equipment 
0
0
0
88,135
91,368
92,352
92,592
69,892
70,269
70,337
70,626
68,230
99,982
99,652
99,488
139,476
142,087
156,546
187,312
243,956
252,056
266,460
281,963
305,631
327,527
380,027
424,601
447,365
464,941
483,458
524,004
581,091
712,090
900,806
1,068,283
1,177,840
1,283,546
1,341,904
1,377,787
1,379,095
1,406,366
1,554,990
1,622,399
1,622,3991,554,9901,406,3661,379,0951,377,7871,341,9041,283,5461,177,8401,068,283900,806712,090581,091524,004483,458464,941447,365424,601380,027327,527305,631281,963266,460252,056243,956187,312156,546142,087139,47699,48899,65299,98268,23070,62670,33770,26969,89292,59292,35291,36888,135000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
386
855
2,474
2,550
2,698
2,703
2,270
1,825
1,056
2,275
2,653
2,628
2,224
2,010
1,546
4,013
5,156
7,831
8,761
3,894
1,283
5,397
14,158
14,600
14,941
14,763
14,751
11,524
11,768
14,162
14,16211,76811,52414,75114,76314,94114,60014,1585,3971,2833,8948,7617,8315,1564,0131,5462,0102,2242,6282,6532,2751,0561,8252,2702,7032,6982,5502,4748553860000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
657
777
900
900
0
0
0
0
0
0
0
0
0
0
0
0
9,585
9,009
8,365
8,545
0
0
0
7,866
0
0
0
0007,8660008,5458,3659,0099,5850000000000009009007776570000000000000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
10,102
10,672
12,342
27,962
51,589
39,497
37,049
47,022
38,852
44,129
42,940
30,384
29,564
32,438
31,706
33,954
81,620
93,258
144,582
155,386
176,596
195,492
168,348
180,756
177,100
178,509
178,806
0
0
00178,806178,509177,100180,756168,348195,492176,596155,386144,58293,25881,62033,95431,70632,43829,56430,38442,94044,12938,85247,02237,04939,49751,58927,96212,34210,67210,10200000000000000
> Total Liabilities 
0
0
0
24,923
21,326
19,914
19,607
2,022
1,858
1,344
892
1,179
25,852
26,441
26,824
78,444
91,004
116,348
212,387
347,268
402,555
437,550
429,773
456,295
504,701
463,279
455,191
505,976
546,550
521,142
580,812
643,889
620,767
747,456
827,728
827,532
860,710
982,477
1,014,956
1,052,565
1,094,584
1,116,880
1,264,730
1,264,7301,116,8801,094,5841,052,5651,014,956982,477860,710827,532827,728747,456620,767643,889580,812521,142546,550505,976455,191463,279504,701456,295429,773437,550402,555347,268212,387116,34891,00478,44426,82426,44125,8521,1798921,3441,8582,02219,60719,91421,32624,923000
   > Total Current Liabilities 
0
0
0
5,923
2,326
914
607
1,422
1,558
1,044
592
879
891
1,315
1,534
7,662
18,932
43,397
77,351
109,410
118,138
134,886
134,385
114,608
146,774
129,535
125,416
112,919
179,734
174,765
205,442
293,767
252,198
321,972
332,408
286,890
222,624
213,196
231,039
205,658
258,679
260,534
316,127
316,127260,534258,679205,658231,039213,196222,624286,890332,408321,972252,198293,767205,442174,765179,734112,919125,416129,535146,774114,608134,385134,886118,138109,41077,35143,39718,9327,6621,5341,3158918795921,0441,5581,4226079142,3265,923000
       Short-term Debt 
0
0
0
66
66
166
100
1,300
4,100
3,100
2,900
1,377
29,027
26,594
20,950
5,995
13,648
24,999
9,485
46,282
46,641
73,414
71,497
35,852
31,604
17,291
17,291
988
20,442
40,017
17,560
501
14,873
32,578
55,096
74,285
20,301
18,876
23,663
40,491
0
0
0
00040,49123,66318,87620,30174,28555,09632,57814,87350117,56040,01720,44298817,29117,29131,60435,85271,49773,41446,64146,2829,48524,99913,6485,99520,95026,59429,0271,3772,9003,1004,1001,3001001666666000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
43,608
50,321
60,267
104,500
36,438
37,212
63,693
71,497
35,852
31,604
0
0
0
20,442
0
0
0
14,873
32,578
55,096
71,995
16,096
18,876
23,663
27,080
0
29,792
0
029,792027,08023,66318,87616,09671,99555,09632,57814,87300020,44200031,60435,85271,49763,69337,21236,438104,50060,26750,32143,608000000000000000
       Accounts payable 
0
0
0
5,923
2,326
914
607
1,422
1,308
794
592
879
891
1,315
1,534
1,668
3,857
17,666
40,281
45,330
61,583
42,243
37,157
37,478
61,808
76,011
79,744
44,491
58,089
61,268
89,505
83,395
141,545
194,198
228,636
160,097
202,323
194,320
207,376
135,318
210,086
221,913
203,390
203,390221,913210,086135,318207,376194,320202,323160,097228,636194,198141,54583,39589,50561,26858,08944,49179,74476,01161,80837,47837,15742,24361,58345,33040,28117,6663,8571,6681,5341,3158918795927941,3081,4226079142,3265,923000
       Other Current Liabilities 
0
0
0
0
0
0
0
0
250
250
0
0
0
0
0
0
1,427
732
27,584
17,798
4,385
1,726
25,731
7,219
53,362
53,524
45,672
9,679
101,203
73,480
115,937
18,329
5,217
3,775
48,676
52,508
3,492
0
0
29,849
2,720
0
0
002,72029,849003,49252,50848,6763,7755,21718,329115,93773,480101,2039,67945,67253,52453,3627,21925,7311,7264,38517,79827,5847321,42700000025025000000000
   > Long-term Liabilities 
0
0
0
19,000
19,000
19,000
19,000
600
300
300
300
300
24,961
25,126
25,291
70,782
72,071
72,951
135,037
237,859
284,417
302,664
295,388
341,687
357,927
333,744
329,775
393,057
366,816
346,377
375,370
350,122
368,569
425,484
495,320
540,642
638,086
769,281
783,917
846,907
835,905
856,346
948,603
948,603856,346835,905846,907783,917769,281638,086540,642495,320425,484368,569350,122375,370346,377366,816393,057329,775333,744357,927341,687295,388302,664284,417237,859135,03772,95172,07170,78225,29125,12624,96130030030030060019,00019,00019,00019,000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
25,291
33,169
35,399
37,684
40,022
82,617
87,991
88,993
78,773
136,582
163,900
103,445
104,009
115,187
120,342
124,906
131,552
133,770
141,343
192,159
214,366
237,588
237,678
257,252
288,153
0
325,556
0
0
00325,5560288,153257,252237,678237,588214,366192,159141,343133,770131,552124,906120,342115,187104,009103,445163,900136,58278,77388,99387,99182,61740,02237,68435,39933,16925,29100000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,916
0
0
007,9160000000000000000000000000000000000000000
> Total Stockholder Equity
0
0
0
102,897
99,974
97,621
96,039
91,343
90,608
89,197
88,519
84,316
110,653
105,230
100,334
92,415
87,553
80,088
80,472
53,625
64,406
108,574
141,233
150,346
193,047
309,878
342,668
376,622
455,757
551,764
684,310
853,017
1,036,879
1,026,089
1,096,046
1,161,698
1,154,103
1,173,846
1,174,391
1,262,704
1,228,092
1,291,058
1,369,966
1,369,9661,291,0581,228,0921,262,7041,174,3911,173,8461,154,1031,161,6981,096,0461,026,0891,036,879853,017684,310551,764455,757376,622342,668309,878193,047150,346141,233108,57464,40653,62580,47280,08887,55392,415100,334105,230110,65384,31688,51989,19790,60891,34396,03997,62199,974102,897000
   Common Stock
0
0
0
171,420
171,420
171,420
171,420
171,420
173,233
174,510
174,510
174,510
201,990
201,990
201,990
201,990
202,850
202,850
222,464
224,336
224,761
227,279
237,969
237,969
242,471
403,260
406,659
431,556
435,656
436,124
480,568
515,970
487,003
379,395
379,395
398,635
400,780
401,282
401,282
401,282
401,282
0
0
00401,282401,282401,282401,282400,780398,635379,395379,395487,003515,970480,568436,124435,656431,556406,659403,260242,471237,969237,969227,279224,761224,336222,464202,850202,850201,990201,990201,990201,990174,510174,510174,510173,233171,420171,420171,420171,420171,420000
   Retained Earnings Total Equity0000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
-148
-275
-519
-429
-427
-419
-301
41
7
-44
-76
588
-155
2,828
2,791
578
-101
454
397
420
423
397
428
381
424
451
462
530
550
513
519
539
496
429
433
430
0
0
0
000430433429496539519513550530462451424381428397423420397454-1015782,7912,828-155588-76-44741-301-419-427-429-519-275-1480000
   Capital Surplus 0000000000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
18,372
18,656
18,779
18,866
19,086
17,339
16,129
16,199
16,269
19,895
19,952
20,009
20,120
20,555
21,672
39,822
38,934
38,949
38,508
38,864
39,134
38,579
106,507
105,683
96,436
95,872
96,200
70,760
52,282
53,286
55,226
57,180
43,812
44,302
44,080
44,985
45,084
22,743
0
0
0022,74345,08444,98544,08044,30243,81257,18055,22653,28652,28270,76096,20095,87296,436105,683106,50738,57939,13438,86438,50838,94938,93439,82221,67220,55520,12020,00919,95219,89516,26916,19916,12917,33919,08618,86618,77918,65618,372000



Balance Sheet

Currency in CAD. All numbers in thousands.




Cash Flow

Currency in CAD. All numbers in thousands.




Income Statement

Currency in CAD. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue1,395,088
Cost of Revenue-943,806
Gross Profit451,282451,282
 
Operating Income (+$)
Gross Profit451,282
Operating Expense-79,972
Operating Income371,310371,310
 
Operating Expense (+$)
Research Development11,863
Selling General Administrative60,993
Selling And Marketing Expenses0
Operating Expense79,97272,856
 
Net Interest Income (+$)
Interest Income0
Interest Expense-14,088
Other Finance Cost-4,279
Net Interest Income-18,367
 
Pretax Income (+$)
Operating Income371,310
Net Interest Income-18,367
Other Non-Operating Income Expenses0
Income Before Tax (EBT)346,545396,075
EBIT - interestExpense = 357,222
346,545
214,795
Interest Expense14,088
Earnings Before Interest and Taxes (EBIT)371,310360,633
Earnings Before Interest and Taxes (EBITDA)488,128
 
After tax Income (+$)
Income Before Tax346,545
Tax Provision-145,838
Net Income From Continuing Ops200,707200,707
Net Income200,707
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses1,023,778
Total Other Income/Expenses Net-24,76518,367
 

Technical Analysis of Champion Iron Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Champion Iron Ltd. The general trend of Champion Iron Ltd is BEARISH with 28.6% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Champion Iron Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-28.6%) Bearish trend (28.6%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Champion Iron Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 6.595 < 7.08 < 7.35.

The bearish price targets are: 6.17 > 5.9429913907285 > 5.8246781569966.

Tweet this
Champion Iron Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Champion Iron Ltd. The current mas is .

The long score for the Moving Averages is 5/14.
The longshort score for the Moving Averages is -4/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Champion Iron Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Champion Iron Ltd. The current macd is -0.14251236.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Champion Iron Ltd price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Champion Iron Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Champion Iron Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Champion Iron Ltd Daily Moving Average Convergence/Divergence (MACD) ChartChampion Iron Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Champion Iron Ltd. The current adx is 23.34.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Champion Iron Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Champion Iron Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Champion Iron Ltd. The current sar is 6.78883858.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Champion Iron Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Champion Iron Ltd. The current rsi is 44.87. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Champion Iron Ltd Daily Relative Strength Index (RSI) ChartChampion Iron Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Champion Iron Ltd. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Champion Iron Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Champion Iron Ltd Daily Stochastic Oscillator ChartChampion Iron Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Champion Iron Ltd. The current cci is -24.1203531.

Champion Iron Ltd Daily Commodity Channel Index (CCI) ChartChampion Iron Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Champion Iron Ltd. The current cmo is -5.03419381.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Champion Iron Ltd Daily Chande Momentum Oscillator (CMO) ChartChampion Iron Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Champion Iron Ltd. The current willr is -62.96296296.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Champion Iron Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Champion Iron Ltd Daily Williams %R ChartChampion Iron Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Champion Iron Ltd.

Champion Iron Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Champion Iron Ltd. The current atr is 0.17866057.

Champion Iron Ltd Daily Average True Range (ATR) ChartChampion Iron Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Champion Iron Ltd. The current obv is 14,035,215.

Champion Iron Ltd Daily On-Balance Volume (OBV) ChartChampion Iron Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Champion Iron Ltd. The current mfi is 39.18.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Champion Iron Ltd Daily Money Flow Index (MFI) ChartChampion Iron Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Champion Iron Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-07MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-14MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-01SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-19WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-03RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-05RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-10MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-12CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-25SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-31MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-12CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-28BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-18BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Champion Iron Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Champion Iron Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5044.874
Ma 20Greater thanMa 506.561
Ma 50Greater thanMa 1006.843
Ma 100Greater thanMa 2006.940
OpenGreater thanClose6.440
Total1/5 (20.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Champion Iron Ltd with someone you think should read this too:
  • Are you bullish or bearish on Champion Iron Ltd? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Champion Iron Ltd? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Champion Iron Ltd

I send you an email if I find something interesting about Champion Iron Ltd.


Comments

How you think about this?

Leave a comment

Stay informed about Champion Iron Ltd.

Receive notifications about Champion Iron Ltd in your mailbox!