What is B. Riley's Estimate for Champion Iron Q2 Earnings?

Key Points

• B. Riley increased its Q2 2026 earnings per share estimate for Champion Iron to $0.06, up from a previous estimate of $0.04, with a full-year consensus estimate of $0.60.
• Champions Iron's stock has a consensus rating of "Buy" and an average price target of C$6.00, despite a price drop to C$3.81 in recent trading.
• The company is involved in the acquisition, exploration, development, and production of iron ore deposits, with key projects located in Canada, including the Bloom Lake Mine.

Champion Iron Limited (TSE:CIA - Free Report) - Equities research analysts at B. Riley boosted their Q2 2026 earnings per share (EPS) estimates for Champion Iron in a research report issued to clients and investors on Wednesday, August 6th. B. Riley analyst N. Giles now forecasts that the company will post earnings per share of $0.06 for the quarter, up from their previous forecast of $0.04. The consensus estimate for Champion Iron's current full-year earnings is $0.60 per share. B. Riley also issued estimates for Champion Iron's Q3 2026 earnings at $0.09 EPS, Q4 2026 earnings at $0.12 EPS, FY2026 earnings at $0.32 EPS and FY2027 earnings at $0.74 EPS.

A number of other equities analysts also recently commented on CIA. CLSA upgraded Champion Iron to a "hold" rating in a research note on Friday, May 30th. TD Securities decreased their price target on Champion Iron from C$5.50 to C$5.00 and set a "buy" rating for the company in a research note on Thursday, July 31st. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Buy" and an average target price of C$6.00.

Champion Iron Price Performance

Shares of Champion Iron stock remained flat at C$3.81 during trading hours on Friday. The stock had a trading volume of 87,730 shares, compared to its average volume of 433,356. The stock has a market cap of C$1.97 billion, a P/E ratio of 15.24, a PEG ratio of -1.35 and a beta of 1.39. Champion Iron has a 12 month low of C$3.29 and a 12 month high of C$6.90. The stock has a fifty day moving average of C$3.95 and a 200 day moving average of C$4.30. 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.

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