Cormark Issues Negative Forecast for Champion Iron Earnings

Champion Iron Limited (TSE:CIA - Free Report) - Stock analysts at Cormark reduced their Q4 2025 earnings estimates for Champion Iron in a research report issued on Tuesday, May 6th. Cormark analyst S. Ioannou now forecasts that the company will post earnings per share of ($0.03) for the quarter, down from their previous forecast of $0.04. The consensus estimate for Champion Iron's current full-year earnings is $0.60 per share. Cormark also issued estimates for Champion Iron's Q3 2026 earnings at $0.10 EPS and FY2026 earnings at $0.31 EPS.

Several other research firms have also issued reports on CIA. Citigroup raised Champion Iron to a "strong-buy" rating in a research report on Sunday, January 19th. Scotiabank raised shares of Champion Iron from a "sector perform" rating to an "outperform" rating and reduced their price target for the company from C$6.00 to C$5.50 in a research report on Monday, April 7th. Raymond James cut their target price on Champion Iron from C$8.00 to C$7.50 and set an "outperform" rating on the stock in a research note on Wednesday, April 2nd. B. Riley upgraded Champion Iron to a "strong-buy" rating in a research note on Tuesday, January 21st. Finally, Desjardins upgraded Champion Iron to a "moderate buy" rating in a report on Friday, April 4th. Three equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Buy" and a consensus target price of C$7.06.

Champion Iron Stock Up 1.5 %

Shares of TSE:CIA opened at C$4.11 on Thursday. Champion Iron has a 12-month low of C$3.29 and a 12-month high of C$7.11. The stock has a market capitalization of C$2.12 billion, a price-to-earnings ratio of 16.44, a PEG ratio of -1.35 and a beta of 1.39. The stock has a fifty day simple moving average of C$4.23 and a two-hundred day simple moving average of C$4.90. The company has a current ratio of 2.28, a quick ratio of 2.01 and a debt-to-equity ratio of 57.89.

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.

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