Champion Iron Limited (TSE:CIA - Get Free Report)'s stock price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$5.64 and traded as high as C$6.21. Champion Iron shares last traded at C$6.02, with a volume of 314,795 shares traded.
Analyst Upgrades and Downgrades
A number of brokerages recently commented on CIA. Desjardins set a C$8.25 price objective on Champion Iron and gave the stock a "buy" rating in a research report on Wednesday, July 17th. Scotiabank lifted their price objective 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.
View Our Latest Report on CIA
Champion Iron Price Performance
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 stock has a market cap of C$3.07 billion, a PE ratio of 10.39, a P/E/G ratio of -1.35 and a beta of 1.39. The company has a fifty day moving average of C$5.66 and a 200-day moving average of C$5.92.
Champion Iron (TSE:CIA - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of C$467.08 million during the quarter, compared to analysts' expectations of C$454.50 million. Champion Iron had a net margin of 17.64% and a return on equity of 22.52%. Sell-side analysts expect that Champion Iron Limited will post 0.5958254 EPS for the current fiscal year.
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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