Champion Iron (CIA) Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Champion Iron in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CIA shares.
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3 brokers have issued 1 year price objectives for Champion Iron's shares. Their CIA share price forecasts range from C$7.75 to C$8.50. On average, they expect the company's share price to reach C$8.08 in the next twelve months. This suggests a possible upside of 48.9% from the stock's current price.
View analysts price targets for CIA or view top-rated stocks among Wall Street analysts.

Champion Iron's stock was trading at C$6.75 at the beginning of the year. Since then, CIA stock has decreased by 19.6% and is now trading at C$5.43.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our CIA earnings forecast.

Champion Iron Limited (TSE:CIA) posted its earnings results on Thursday, July, 27th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.06 by $0.03. The business earned $297.16 million during the quarter, compared to analyst estimates of $277 million. Champion Iron had a trailing twelve-month return on equity of 14.76% and a net margin of 12.44%.

Champion Iron (TSE:CIA) pays an annual dividend of C$0.20 per share and currently has a dividend yield of 3.79%. The dividend payout ratio is 64.52%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CIA.

Based on aggregate information from My MarketBeat watchlists, some companies that other Champion Iron investors own include Bombardier, Inc. Class B (BBD.B), Birchcliff Energy (BIR), AirBoss of America (BOS), Air Canada (AC), Electrovaya (EFL), Power Co. of Canada (POW), Altius Minerals (ALS), Aphria (APHA), First Quantum Minerals (FM).

Champion Iron trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CIA."

Shares of CIA stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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One share of CIA stock can currently be purchased for approximately C$5.43.

Champion Iron (TSE:CIA) has a market capitalization of C$2.81 billion and generates C$1.41 billion in revenue each year. The company earns C$175.81 million in net income (profit) each year or C$0.31 on an earnings per share basis.

The company employs 245 workers across the globe.

Champion Iron's mailing address is 91 Evans St, PERTH, NSW 2039, Australia. The official website for the company is www.championiron.com. The company can be reached via phone at +61-2-98107816.