Scotiabank Increases Champion Iron Mines Ltd Price Target to C$0.25 (CHM)
Analysts at Scotiabank hoisted their price objective on shares of Champion Iron Mines Ltd (TSE:CHM) from C$0.20 to C$0.25 in a research report issued to clients and investors on Wednesday, Stock Ratings News reports. Scotiabank’s target price points to a potential upside of 4.17% from the stock’s previous close.
Shares of Champion Iron Mines Ltd (TSE:CHM) traded down 4.00% on Wednesday, hitting $0.24. 54,550 shares of the company’s stock traded hands. Champion Iron Mines Ltd has a one year low of $0.155 and a one year high of $0.81. The stock has a 50-day moving average of $0.2 and a 200-day moving average of $0.22.
Champion Iron Mines Limited (TSE:CHM), formerly Champion Minerals Inc, is an iron exploration and development company.
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