FY2026 Earnings Forecast for Champion Iron Issued By Cormark

Champion Iron Limited (TSE:CIA - Free Report) - Equities research analysts at Cormark cut their FY2026 earnings per share (EPS) estimates for Champion Iron in a research report issued to clients and investors on Wednesday, July 23rd. Cormark analyst S. Ioannou now forecasts that the company will earn $0.19 per share for the year, down from their prior estimate of $0.22. The consensus estimate for Champion Iron's current full-year earnings is $0.60 per share.

Several other research firms have also recently commented on CIA. Raymond James Financial dropped their price objective on Champion Iron from C$8.00 to C$7.50 and set an "outperform" rating on the stock in a research report on Wednesday, April 2nd. Desjardins raised Champion Iron to a "moderate buy" rating in a research report on Friday, April 4th. CLSA raised Champion Iron to a "hold" rating in a research report on Friday, May 30th. Finally, Scotiabank raised Champion Iron from a "sector perform" rating to an "outperform" rating and dropped their target price for the stock from C$6.00 to C$5.50 in a research report on Monday, April 7th. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Buy" and an average target price of C$6.67.

Champion Iron Trading Down 2.5%

CIA stock traded down C$0.11 on Thursday, reaching C$4.37. The company's stock had a trading volume of 348,500 shares, compared to its average volume of 424,392. The business has a fifty day simple moving average of C$3.95 and a two-hundred day simple moving average of C$4.37. Champion Iron has a 12-month low of C$3.29 and a 12-month high of C$6.90. The firm has a market cap of C$2.26 billion, a PE ratio of 17.48, a PEG ratio of -1.35 and a beta of 1.39. The company has a debt-to-equity ratio of 57.89, a quick ratio of 2.01 and a current ratio of 2.28.

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.