Raymond James Financial Forecasts Champion Iron Q2 Earnings

Key Points

• Raymond James Financial has lowered its earnings estimate for Champion Iron's Q2 2026 from $0.08 to $0.07 per share, with a consensus estimate for the full year at $0.60 per share.
• Champion Iron's stock has recently been rated as "Outperform" by Raymond James, with a price target of $7.50, while other firms have raised their ratings to "moderate buy" and "hold."
• The company's stock opened at C$4.17 and has seen a 52-week range between C$3.29 and C$6.90, reflecting a recent trading decline of 5.4%.

Champion Iron Limited (TSE:CIA - Free Report) - Stock analysts at Raymond James Financial lowered their Q2 2026 earnings per share (EPS) estimates for Champion Iron in a report released on Wednesday, July 30th. Raymond James Financial analyst B. Macarthur now expects that the company will earn $0.07 per share for the quarter, down from their previous estimate of $0.08. 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 Q3 2026 earnings at $0.08 EPS and Q4 2026 earnings at $0.08 EPS.

Several other equities analysts have also recently weighed in on CIA. TD Securities decreased their price objective on Champion Iron from C$5.50 to C$5.00 and set a "buy" rating for the company in a report on Thursday. CLSA upgraded Champion Iron to a "hold" rating in a report on Friday, May 30th. Finally, Scotiabank upgraded Champion Iron from a "sector perform" rating to an "outperform" rating and decreased their price objective for the company from C$6.00 to C$5.50 in a report on Monday, April 7th. One analyst has rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, Champion Iron has a consensus rating of "Buy" and a consensus target price of C$6.00.

Champion Iron Trading Down 0.8%

Shares of CIA traded down C$0.03 during trading hours on Thursday, reaching C$3.76. The stock had a trading volume of 522,100 shares, compared to its average volume of 434,020. The company has a quick ratio of 2.01, a current ratio of 2.28 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 50-day moving average of C$3.96 and a 200 day moving average of C$4.34. The company has a market cap of C$1.94 billion, a P/E ratio of 15.04, a P/E/G ratio of -1.35 and a beta of 1.39.

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.