Champion Iron Limited (ASX:CIA) has delivered a strong operational and financial results for Q1 FY2021 ended 30 June 2020.
- Production was strong despite the ramp down of operations as per the Government of Quebec COVID-19 containment directives.
- Honoured all contracts and product quality remained unaffected.
- Operating costs effected due to inefficiencies pertaining to COVID-19 preventive measures.
- Managed sustaining cost by deferring maintenance work programs and stripping activities.
Want to get exclusive insights into the star stock of the year? Gold stocks stood solid and ensured a safety net for investors.
Click now to access our report on Gold Stocks to understand how the rise in gold prices propelled the ASX-listed gold stocks, and many emerged as the star performer of the year.
Inside this report, you shall discover
How the price trends of gold have got it where it is With the rallying gold prices and the record-buying from Central Banks, the gold spot rose from $1,655.14 (low in December 2018) to $2,322.26 (high in August 2019). A promising return of over 40 percent was seen in the year 2019. Get exclusive insights into how the trends set the foundation for the performance and how Gold stocks seem to be a safe bet when you look back.
Which stocks you should have been looking at: Find out which stocks delivered promising returns to investors. Gold stocks such as Gold Road Resources Limited (ASX: GOR), Kirkland Lake Limited (ASX: KLA) Newcrest Mining Limited (ASX: NCM) delivered better returns against the S&P Commodity Producers Gold Total Return Index.