Insider Buying: Champion Iron Limited (ASX:CIA) Insider Purchases A$568,800.00 in Stock

Champion Iron Limited (ASX:CIA) insider William O’Keeffe acquired 100,000 shares of the firm’s stock in a transaction on Tuesday, February 25th. The stock was purchased at an average cost of A$5.69 ($3.53) per share, with a total value of A$568,800.00 ($353,291.93).

Champion Iron Stock Performance

The stock has a market cap of $2.78 billion, a price-to-earnings ratio of 21.63 and a beta of 1.39.

Champion Iron Company Profile

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.