Michael CFA - Champion Iron Senior Markets

CIA Stock  CAD 5.23  0.10  1.95%   

Executive

Michael CFA is Senior Markets of Champion Iron
Address 91 Evans Street, Rozelle, NSW, Australia, 2039
Phone61 2 9810 7816
Webhttps://www.championiron.com

Champion Iron Management Efficiency

The company has return on total asset (ROA) of 0.108 % which means that it generated a profit of $0.108 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1852 %, meaning that it generated $0.1852 on every $100 dollars invested by stockholders. Champion Iron's management efficiency ratios could be used to measure how well Champion Iron manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Champion Iron's Return On Tangible Assets are very stable compared to the past year. As of the 23rd of November 2024, Return On Assets is likely to grow to 0.09, while Return On Capital Employed is likely to drop 0.11. At this time, Champion Iron's Intangible Assets are very stable compared to the past year. As of the 23rd of November 2024, Return On Tangible Assets is likely to grow to 0.09, while Other Assets are likely to drop 0.95.
Champion Iron has accumulated 616.76 M in total debt with debt to equity ratio (D/E) of 0.46, which is about average as compared to similar companies. Champion Iron has a current ratio of 2.8, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Champion Iron until it has trouble settling it off, either with new capital or with free cash flow. So, Champion Iron's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Champion Iron sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Champion to invest in growth at high rates of return. When we think about Champion Iron's use of debt, we should always consider it together with cash and equity.

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Champion Iron Limited engages in the acquisition, exploration, development, and production of iron ore deposits in Canada. The company sells its iron ore concentrate in China, Japan, the Middle East, Europe, South Korea, India, and internationally. CHAMPION IRON operates under Steel classification in Canada and is traded on Toronto Stock Exchange. Champion Iron (CIA) is traded on Toronto Exchange in Canada and employs 13 people. Champion Iron is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Champion Iron Leadership Team

Elected by the shareholders, the Champion Iron's board of directors comprises two types of representatives: Champion Iron inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Champion. The board's role is to monitor Champion Iron's management team and ensure that shareholders' interests are well served. Champion Iron's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Champion Iron's outside directors are responsible for providing unbiased perspectives on the board's policies.
Donald CPA, Chief Officer
Philip Mackey, Company Sec
Franois Lavoie, Technical Sales
Alexandre Eng, Chief Officer
Donald Tremblay, Chief Officer
Nabil PGeo, Senior Geologist
David Eng, CEO Director
Michael CFA, Senior Markets
William Hundy, Company Secretary
MBA CRIA, Senior Resources
Jorge BA, Assistant Secretary
Steve Boucratie, General VP
William OKeeffe, Executive Chairman of the Board, CEO

Champion Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Champion Iron a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Champion Iron

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Champion Iron position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Champion Iron will appreciate offsetting losses from the drop in the long position's value.

Moving together with Champion Stock

  0.62ORE Orezone Gold CorpPairCorr
The ability to find closely correlated positions to Champion Iron could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Champion Iron when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Champion Iron - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Champion Iron to buy it.
The correlation of Champion Iron is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Champion Iron moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Champion Iron moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Champion Iron can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Champion Stock

Champion Iron financial ratios help investors to determine whether Champion Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Champion with respect to the benefits of owning Champion Iron security.