FY2027 EPS Estimates for Champion Iron Decreased by B. Riley

Champion Iron Limited (TSE:CIA - Free Report) - Research analysts at B. Riley lowered their FY2027 earnings estimates for Champion Iron in a report released on Sunday, November 3rd. B. Riley analyst L. Pipes now forecasts that the company will post earnings per share of $0.95 for the year, down from their previous estimate of $1.01. The consensus estimate for Champion Iron's current full-year earnings is $0.60 per share.

Several other research firms have also commented on CIA. Scotiabank boosted their price target on Champion Iron from C$7.00 to C$7.25 and gave the stock a "sector perform" rating in a research report on Monday, July 15th. Desjardins upgraded shares of Champion Iron to a "moderate buy" rating in a research note on Thursday, October 31st. Finally, TD Securities dropped their price target 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. One analyst has rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of C$8.10.

Champion Iron Trading Down 1.3 %

CIA stock traded down C$0.07 during midday trading on Tuesday, reaching C$5.47. 136,616 shares of the company's stock traded hands, compared to its average volume of 310,769. Champion Iron has a fifty-two week low of C$4.74 and a fifty-two week high of C$7.77. The business has a 50-day moving average price of C$5.69 and a two-hundred day moving average price of C$5.87. The company has a market capitalization of C$2.83 billion, a P/E ratio of 9.60, a PEG ratio of -1.35 and a beta of 1.39. The company has a debt-to-equity ratio of 42.65, a current ratio of 2.42 and a quick ratio of 2.01.

Champion Iron Company Profile

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.