FY2025 Earnings Estimate for Champion Iron Issued By Cormark

Champion Iron Limited (TSE:CIA - Free Report) - Analysts at Cormark lowered their FY2025 earnings per share (EPS) estimates for shares of Champion Iron in a note issued to investors on Tuesday, May 6th. Cormark analyst S. Ioannou now anticipates that the company will earn $0.18 per share for the year, down from their previous estimate of $0.24. The consensus estimate for Champion Iron's current full-year earnings is $0.60 per share. Cormark also issued estimates for Champion Iron's Q1 2026 earnings at $0.06 EPS and Q2 2026 earnings at $0.13 EPS.

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

Champion Iron Price Performance

Shares of TSE:CIA traded up C$0.07 during midday trading on Wednesday, hitting C$4.19. The company's stock had a trading volume of 503,890 shares, compared to its average volume of 429,802. The company has a market cap of C$2.17 billion, a P/E ratio of 16.76, a price-to-earnings-growth 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. Champion Iron has a 12-month low of C$3.29 and a 12-month high of C$7.11. The business's 50 day simple moving average is C$4.21 and its 200 day simple moving average is C$4.88.

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.