Champion Iron Limited (TSE:CIA - Get Free Report) has earned a consensus recommendation of "Buy" from the five analysts that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is C$7.63.
Several research firms have issued reports on CIA. Desjardins upgraded Champion Iron to a "moderate buy" rating in a research note on Thursday, October 31st. Citigroup upgraded Champion Iron to a "strong-buy" rating in a research note on Sunday, January 19th. Raymond James set a C$8.00 price objective on Champion Iron and gave the stock an "outperform" rating in a research note on Thursday, January 2nd. TD Securities dropped their price objective on Champion Iron from C$8.00 to C$7.00 and set a "buy" rating for the company in a research note on Friday, November 1st. Finally, B. Riley upgraded Champion Iron to a "strong-buy" rating in a research note on Tuesday.
Read Our Latest Analysis on CIA
Champion Iron Stock Performance
Shares of TSE CIA traded up C$0.03 during trading hours on Friday, reaching C$5.20. The stock had a trading volume of 438,080 shares, compared to its average volume of 374,594. The business's fifty day moving average is C$5.24 and its two-hundred day moving average is C$5.48. The company has a debt-to-equity ratio of 42.65, a current ratio of 2.42 and a quick ratio of 2.01. The company has a market cap of C$2.69 billion, a price-to-earnings ratio of 9.12, a PEG ratio of -1.35 and a beta of 1.39. Champion Iron has a twelve month low of C$4.74 and a twelve month high of C$7.58.
Champion Iron (TSE:CIA - Get Free Report) last issued its earnings results on Thursday, October 31st. The company reported C$0.04 EPS for the quarter, missing analysts' consensus estimates of C$0.11 by C($0.07). Champion Iron had a net margin of 17.64% and a return on equity of 22.52%. During the same period last year, the business earned $0.12 earnings per share. As a group, research analysts expect that Champion Iron will post 0.5958254 EPS for the current year.
About Champion Iron
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Get Free ReportChampion 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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