Champion Iron Limited (TSE:CIA - Free Report) - Equities researchers at B. Riley lifted their FY2026 EPS estimates for shares of Champion Iron in a research note issued on Tuesday, January 21st. B. Riley analyst L. Pipes now forecasts that the company will earn $0.70 per share for the year, up from their prior forecast of $0.68. The consensus estimate for Champion Iron's current full-year earnings is $0.60 per share. B. Riley also issued estimates for Champion Iron's FY2027 earnings at $1.03 EPS.
Several other research firms have also recently weighed in on CIA. TD Securities lowered their price objective on shares of 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 target on Champion Iron and gave the company an "outperform" rating in a report on Thursday, January 2nd. Citigroup raised Champion Iron to a "strong-buy" rating in a research note on Sunday. Finally, Desjardins raised Champion Iron to a "moderate buy" rating in a research note on Thursday, October 31st. One investment analyst has rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of C$7.63.
Get Our Latest Stock Analysis on Champion Iron
Champion Iron Trading Down 0.8 %
Shares of CIA traded down C$0.04 during midday trading on Thursday, hitting C$5.17. The stock had a trading volume of 311,091 shares, compared to its average volume of 370,626. Champion Iron has a fifty-two week low of C$4.74 and a fifty-two week high of C$7.58. The business has a 50-day simple moving average of C$5.23 and a two-hundred day simple moving average of C$5.48. The company has a current ratio of 2.42, a quick ratio of 2.01 and a debt-to-equity ratio of 42.65. The firm has a market cap of C$2.68 billion, a P/E ratio of 9.07, a price-to-earnings-growth ratio of -1.35 and a beta of 1.39.
Champion Iron (TSE:CIA - Get Free Report) last announced its earnings results on Thursday, October 31st. The company reported C$0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$0.11 by C($0.07). Champion Iron had a return on equity of 22.52% and a net margin of 17.64%. During the same period last year, the business earned $0.12 EPS.
Champion Iron Company Profile
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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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