Q1 Earnings Forecast for Champion Iron Issued By Desjardins

Champion Iron Limited (TSE:CIA - Free Report) - Equities research analysts at Desjardins issued their Q1 2026 earnings per share (EPS) estimates for Champion Iron in a research note issued on Thursday, July 17th. Desjardins analyst B. Adams forecasts that the company will post earnings of $0.04 per share for the quarter. Desjardins has a "Moderate Buy" rating on the stock. The consensus estimate for Champion Iron's current full-year earnings is $0.60 per share.

Other research analysts also recently issued reports about the stock. CLSA raised shares of Champion Iron to a "hold" rating in a report on Friday, May 30th. Scotiabank raised shares of Champion Iron from a "sector perform" rating to an "outperform" rating and dropped their price objective for the stock from C$6.00 to C$5.50 in a report on Monday, April 7th. Finally, Raymond James Financial lowered 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. 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 company's stock. According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of C$6.67.

Champion Iron Price Performance

CIA traded up C$0.07 during trading on Friday, hitting C$4.19. 344,852 shares of the stock traded hands, compared to its average volume of 419,114. The business has a 50 day moving average price of C$3.93 and a 200 day moving average price of C$4.41. The company has a market cap of C$2.17 billion, a price-to-earnings ratio of 16.76, a PEG ratio of -1.35 and a beta of 1.39. 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 twelve month low of C$3.29 and a twelve month high of C$6.90.

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.