Champion Iron Ltd (ASX:CIA) insider William O’Keeffe purchased 50,000 shares of the firm’s stock in a transaction on Thursday, August 8th. The shares were purchased at an average price of A$2.42 ($1.71) per share, for a total transaction of A$120,850.00 ($85,709.22).
ASX:CIA traded up A$0.08 ($0.06) during trading hours on Wednesday, reaching A$2.44 ($1.73). 425,249 shares of the stock were exchanged, compared to its average volume of 135,191. The company has a debt-to-equity ratio of 76.77, a current ratio of 2.85 and a quick ratio of 2.45. The stock has a 50-day simple moving average of A$2.88. Champion Iron Ltd has a twelve month low of A$1.00 ($0.71) and a twelve month high of A$3.37 ($2.39). The stock has a market cap of $1.01 billion and a P/E ratio of -271.11.
Champion Iron Company Profile
Champion Iron Limited explores, develops, and produces iron ore in Quebec, Canada. Its flagship projects include the Bloom Lake mine, which consists of BM877 mining lease and 114 mining claims located in Québec, Canada; and the Consolidated Fire Lake North project that includes the Fire Lake North, Don Lake, Bellechasse, and Oil Can deposits situated in northeastern Quebec.
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