Champion Iron Limited (TSE:CIA - Free Report) - Equities research analysts at Cormark cut their Q1 2026 earnings per share estimates for shares of Champion Iron in a research note issued on Friday, May 30th. Cormark analyst S. Ioannou now forecasts that the company will post earnings per share of $0.01 for the quarter, down from their prior forecast of $0.06. 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 $0.07 EPS and FY2026 earnings at $0.22 EPS.
A number of other brokerages have also issued reports on CIA. Raymond James decreased 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 report on Wednesday, April 2nd. Scotiabank raised shares of Champion Iron from a "sector perform" rating to an "outperform" rating and decreased their price objective for the company from C$6.00 to C$5.50 in a report on Monday, April 7th. CLSA raised shares of Champion Iron to a "hold" rating in a research note on Friday. Finally, Desjardins upgraded shares of Champion Iron to a "moderate buy" rating in a research report on Friday, April 4th. One equities research 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 company's stock. Based on data from MarketBeat.com, Champion Iron currently has a consensus rating of "Buy" and an average price target of C$7.06.
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Champion Iron Price Performance
CIA stock traded down C$0.09 during mid-day trading on Monday, reaching C$3.77. 913,476 shares of the company's stock were exchanged, compared to its average volume of 422,932. 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 12-month low of C$3.29 and a 12-month high of C$6.90. The stock's 50 day moving average is C$3.99 and its 200 day moving average is C$4.72. The company has a market cap of C$1.95 billion, a price-to-earnings ratio of 15.08, a price-to-earnings-growth ratio of -1.35 and a beta of 1.39.
Champion Iron Company Profile
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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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