Champion Iron Mines Ltd Upgraded to “Sector Perform” by Scotiabank (CHM)
Champion Iron Mines Ltd (TSE:CHM) was upgraded by equities researchers at Scotiabank to a “sector perform” rating in a research report issued on Friday, Stock Ratings Network reports.
Champion Iron Mines Ltd (TSE:CHM) traded up 5.63% on Friday, hitting $0.375. 506,679 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 $0.77. The stock has a 50-day moving average of $0. and a 200-day moving average of $0.24.
Separately, analysts at Raymond James cut their price target on shares of Champion Iron Mines Ltd from C$0.50 to C$0.45 in a research note to investors on Monday, December 9th. They now have a “market perform” rating on the stock. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of C$0.46.
Champion Iron Mines Limited (TSE:CHM), formerly Champion Minerals Inc, is an iron exploration and development company.
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