Champion Iron Q1 EPS Cut by Raymond James Financial

Champion Iron Limited (TSE:CIA - Free Report) - Equities research analysts at Raymond James Financial cut their Q1 2026 earnings per share (EPS) estimates for Champion Iron in a research report issued to clients and investors on Wednesday, July 2nd. Raymond James Financial analyst B. Macarthur now forecasts that the company will earn $0.00 per share for the quarter, down from their prior estimate of $0.14. Raymond James Financial currently has a "Outperform" rating and a $7.50 target price on the stock. The consensus estimate for Champion Iron's current full-year earnings is $0.60 per share. Raymond James Financial also issued estimates for Champion Iron's Q2 2026 earnings at $0.08 EPS and FY2026 earnings at $0.28 EPS.

Several other brokerages have also commented on CIA. Scotiabank upgraded shares of Champion Iron from a "sector perform" rating to an "outperform" rating and lowered their price objective for the stock from C$6.00 to C$5.50 in a report on Monday, April 7th. CLSA upgraded Champion Iron to a "hold" rating in a research note on Friday, May 30th. Finally, Desjardins upgraded Champion Iron to a "moderate buy" rating in a research report on Friday, April 4th. One analyst has rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of C$7.06.

Champion Iron Trading Down 1.2%

TSE CIA traded down C$0.05 on Friday, hitting C$3.96. The company's stock had a trading volume of 148,368 shares, compared to its average volume of 429,760. The company has a current ratio of 2.28, a quick ratio of 2.01 and a debt-to-equity ratio of 57.89. Champion Iron has a 52-week low of C$3.29 and a 52-week high of C$6.90. The firm has a market cap of C$2.05 billion, a P/E ratio of 15.84, a PEG ratio of -1.35 and a beta of 1.39. The company's 50-day simple moving average is C$3.93 and its 200 day simple moving average is C$4.49.

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.