Analysts Offer Predictions for 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) - Research analysts at Raymond James Financial cut their Q2 2026 earnings estimates for shares of Champion Iron in a note issued to investors on Wednesday, July 30th. Raymond James Financial analyst B. Macarthur now anticipates that the company will post earnings of $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.

A number of other analysts have also recently commented on CIA. Scotiabank upgraded Champion Iron from a "sector perform" rating to an "outperform" rating and cut their target price for the stock from C$6.00 to C$5.50 in a research report on Monday, April 7th. CLSA upgraded Champion Iron to a "hold" rating in a research report on Friday, May 30th. TD Securities dropped their price target on Champion Iron from C$5.50 to C$5.00 and set a "buy" rating on the stock in a research report on Thursday. 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 data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of C$6.00.

Champion Iron Stock Performance

Shares of CIA traded down C$0.03 during midday trading on Thursday, reaching C$3.76. 522,100 shares of the stock were exchanged, compared to its average volume of 434,020. The business's 50-day moving average price is C$3.96 and its 200 day moving average price is C$4.35. The company has a debt-to-equity ratio of 57.89, a current ratio of 2.28 and a quick ratio of 2.01. Champion Iron has a twelve month low of C$3.29 and a twelve month high of C$6.90. The company has a market capitalization of C$1.94 billion, a price-to-earnings ratio of 15.04, a PEG ratio of -1.35 and a beta of 1.39.

Champion Iron Company Profile

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.