Champion Iron Limited (TSE:CIA - Free Report) - Stock analysts at Raymond James decreased their Q4 2026 earnings estimates for shares of Champion Iron in a research report issued to clients and investors on Thursday, October 31st. Raymond James analyst B. Macarthur now expects that the company will post earnings per share of $0.18 for the quarter, down from their prior estimate of $0.19. The consensus estimate for Champion Iron's current full-year earnings is $0.60 per share.
Champion Iron (TSE:CIA - Get Free Report) last posted its quarterly earnings results on Tuesday, July 30th. The company reported C$0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.17 by C($0.01). The company had revenue of C$467.08 million during the quarter, compared to analyst estimates of C$454.50 million. Champion Iron had a net margin of 17.64% and a return on equity of 22.52%.
Other analysts have also recently issued reports about the stock. Desjardins set a C$8.25 target price on shares of Champion Iron and gave the stock a "buy" rating in a report on Wednesday, July 17th. TD Securities dropped 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 note on Friday. Finally, Scotiabank lifted their target price on Champion Iron from C$7.00 to C$7.25 and gave the company a "sector perform" rating in a research note on Monday, July 15th. One investment analyst has rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, Champion Iron currently has a consensus rating of "Moderate Buy" and a consensus target price of C$8.10.
Read Our Latest Research Report on CIA
Champion Iron Stock Up 4.5 %
Shares of CIA stock traded up C$0.24 during trading hours on Friday, hitting C$5.61. 297,423 shares of the company were exchanged, compared to its average volume of 311,582. The company has a debt-to-equity ratio of 42.65, a quick ratio of 2.01 and a current ratio of 2.42. The stock has a market capitalization of C$2.91 billion, a price-to-earnings ratio of 9.84, a P/E/G ratio of -1.35 and a beta of 1.39. Champion Iron has a one year low of C$4.74 and a one year high of C$7.77. The business's 50-day simple moving average is C$5.69 and its two-hundred day simple moving average is C$5.87.
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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