B. Riley Issues Negative Outlook for Champion Iron Earnings

Key Points

• B. Riley has lowered its Q1 2027 earnings per share (EPS) estimate for Champion Iron to $0.16, down from a previous forecast of $0.21.
• Champion Iron's current full-year earnings consensus estimate sits at $0.60 per share, with the company receiving an overall "buy" rating from analysts.
• The company's stock price has seen a slight decline of 0.8%, trading at C$3.75, with a market capitalization of C$1.94 billion.

Champion Iron Limited (TSE:CIA - Free Report) - Stock analysts at B. Riley lowered their Q1 2027 earnings per share (EPS) estimates for shares of Champion Iron in a research note issued to investors on Wednesday, August 6th. B. Riley analyst N. Giles now forecasts that the company will post earnings per share of $0.16 for the quarter, down from their previous estimate of $0.21. The consensus estimate for Champion Iron's current full-year earnings is $0.60 per share. B. Riley also issued estimates for Champion Iron's Q2 2027 earnings at $0.18 EPS, Q3 2027 earnings at $0.20 EPS and Q4 2027 earnings at $0.20 EPS.

A number of other equities analysts have also recently issued reports on CIA. TD Securities lowered their target price on Champion Iron from C$5.50 to C$5.00 and set a "buy" rating for the company in a report on Thursday, July 31st. CLSA upgraded shares of Champion Iron to a "hold" rating in a report on Friday, May 30th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of C$6.00.

Champion Iron Stock Up 1.1%

TSE CIA traded up C$0.04 during trading on Thursday, hitting C$3.83. 365,543 shares of the company traded hands, compared to its average volume of 434,344. Champion Iron has a 12 month low of C$3.29 and a 12 month high of C$6.90. The company has a market capitalization of C$1.98 billion, a P/E ratio of 15.32, a PEG ratio of -1.35 and a beta of 1.39. The business has a fifty day simple moving average of C$3.95 and a 200 day simple moving average of C$4.28. The company has a current ratio of 2.28, a quick ratio of 2.01 and a debt-to-equity ratio of 57.89.

About Champion Iron

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.