Champion Iron Limited (TSE:CIA - Free Report) - Equities researchers at B. Riley boosted their FY2025 earnings per share (EPS) estimates for shares of Champion Iron in a note issued to investors on Tuesday, February 11th. B. Riley analyst N. Giles now expects that the company will earn $0.33 per share for the year, up from their prior estimate of $0.26. B. Riley currently has a "Strong-Buy" rating on the stock. The consensus estimate for Champion Iron's current full-year earnings is $0.60 per share.
A number of other analysts have also recently weighed in on the company. Desjardins upgraded Champion Iron to a "moderate buy" rating in a research report on Thursday, October 31st. TD Securities dropped their price target on Champion Iron from C$8.00 to C$7.00 and set a "buy" rating on the stock in a research report on Friday, November 1st. Raymond James set a C$8.00 price objective on Champion Iron and gave the stock an "outperform" rating in a report on Thursday, January 2nd. Scotiabank decreased their price objective on Champion Iron from C$6.75 to C$6.50 and set a "sector perform" rating for the company in a report on Thursday, January 30th. Finally, Citigroup raised Champion Iron to a "strong-buy" rating in a report on Sunday, January 19th. One investment analyst has rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of C$7.44.
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Champion Iron Stock Performance
Shares of Champion Iron stock traded up C$0.03 on Thursday, reaching C$5.45. 632,348 shares of the company were exchanged, compared to its average volume of 453,214. The company has a debt-to-equity ratio of 57.89, a quick ratio of 2.01 and a current ratio of 2.28. The company's 50-day moving average is C$5.20 and its two-hundred day moving average is C$5.41. The firm has a market cap of C$2.82 billion, a price-to-earnings ratio of 21.80, a P/E/G ratio of -1.35 and a beta of 1.39. Champion Iron has a 1-year low of C$4.65 and a 1-year high of C$7.35.
About Champion Iron
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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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