BUZZ-Australia's Champion Iron down after results miss expectations

Updates share price, adds analyst comment

Shares of Champion Iron CIA.AX down 0.2% to A$5.55

Stock of iron ore miner falls as much as 4.7% earlier in the day to hit lowest level since Sept. 11

Co posts Q3 net income of C$1.7 mln ($1.18 mln), down 99% from last year

Posts qtrly EBITDA of C$88.2 mln and revenue of C$363.2 mln, both below Citi expectations

Qtrly production of 3.6 mln wmt was down 10% from last year but 3% higher than Citi estimates

Co now needs to string together some stronger quarters to lift investor confidence around delivery on expectations - Citi

Stock down 3.3% this year, as of last close

($1 = 1.4418 Canadian dollars)