Champion Iron Limited (TSE:CIA - Free Report) - Equities research analysts at Scotiabank cut their FY2025 EPS estimates for Champion Iron in a note issued to investors on Sunday, April 13th. Scotiabank analyst O. Wowkodaw now anticipates that the company will post earnings per share of $0.34 for the year, down from their previous estimate of $0.35. Scotiabank currently has a "Outperform" rating and a $5.50 price target on the stock. The consensus estimate for Champion Iron's current full-year earnings is $0.60 per share. Scotiabank also issued estimates for Champion Iron's FY2026 earnings at $0.43 EPS.
CIA has been the topic of a number of other research reports. Citigroup upgraded Champion Iron to a "strong-buy" rating in a research note on Sunday, January 19th. Desjardins upgraded Champion Iron to a "moderate buy" rating in a report on Friday, April 4th. B. Riley upgraded shares of Champion Iron to a "strong-buy" rating in a research note on Tuesday, January 21st. Finally, Raymond James cut their price target on shares of Champion Iron from C$8.00 to C$7.50 and set an "outperform" rating on the stock in a report on Wednesday, April 2nd. Three research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of C$7.06.
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Champion Iron Stock Down 3.2 %
Shares of Champion Iron stock traded down C$0.12 on Wednesday, hitting C$3.64. 118,374 shares of the company traded hands, compared to its average volume of 455,393. Champion Iron has a 12-month low of C$3.29 and a 12-month high of C$7.11. The company has a quick ratio of 2.01, a current ratio of 2.28 and a debt-to-equity ratio of 57.89. The company has a market cap of C$1.88 billion, a PE ratio of 14.56, a PEG ratio of -1.35 and a beta of 1.39. The company has a 50-day moving average price of C$4.57 and a 200 day moving average price of C$5.09.
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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