Champion Iron Q3 EPS Forecast Cut by Raymond James Financial

Key Points

• Raymond James Financial has revised its Q3 2026 earnings per share (EPS) forecast for Champion Iron down to $0.07, from a previous estimate of $0.08.
• TD Securities has decreased its target price for Champion Iron from C$5.50 to C$5.00, maintaining a "buy" rating on the stock.
• Champion Iron currently has a consensus rating of "Buy" with a price target of C$6.00, reflecting varied analyst opinions on its market potential.

Champion Iron Limited (TSE:CIA - Free Report) - Investment analysts at Raymond James Financial lowered their Q3 2026 earnings per share (EPS) estimates for shares of Champion Iron in a research report issued to clients and investors on Thursday, October 9th. Raymond James Financial analyst B. Macarthur now anticipates that the company will post earnings per share of $0.07 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 Q4 2026 earnings at $0.06 EPS.

Separately, TD Securities dropped their target price on Champion Iron from C$5.50 to C$5.00 and set a "buy" rating on the stock in a report on Thursday, July 31st. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Champion Iron currently has a consensus rating of "Buy" and a consensus price target of C$6.00.

Champion Iron Stock Performance

Shares of TSE:CIA opened at C$4.30 on Monday. The company has a market cap of C$2.29 billion, a P/E ratio of 26.88, a PEG ratio of -1.35 and a beta of 0.68. The company has a debt-to-equity ratio of 57.89, a quick ratio of 2.01 and a current ratio of 2.28. Champion Iron has a one year low of C$3.29 and a one year high of C$6.34. The business's 50-day simple moving average is C$4.11 and its 200 day simple moving average is C$4.02.

About Champion Iron

Champion Iron Ltd is engaged in the exploration and development of iron ore properties in Quebec, Canada. The company's operating segment include Mine Site, Exploration and Evaluation, and Corporate. It generates maximum revenue from Mine Site segment. The company projects include Fire Lake North, Powderhorn/Gullbridge, Moire, Quinto Claims, Harvey Tuttle, O'keefe-Purdy, and others.

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