Champion Iron Limited (TSE:CIA – Free Report) – Stock analysts at Scotiabank dropped their FY2026 earnings per share (EPS) estimates for Champion Iron in a note issued to investors on Monday, June 9th. Scotiabank analyst O. Wowkodaw now forecasts that the company will post earnings of $0.32 per share for the year, down from their prior forecast of $0.43. Scotiabank 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.
A number of other equities analysts have also weighed in on the company. Desjardins raised Champion Iron to a “moderate buy” rating in a research report on Friday, April 4th. Raymond James lowered their price target on Champion Iron from C$8.00 to C$7.50 and set an “outperform” rating for the company in a research report on Wednesday, April 2nd. Finally, CLSA raised Champion Iron to a “hold” rating in a research report on Friday, May 30th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Champion Iron currently has a consensus rating of “Buy” and an average target price of C$7.06.
Champion Iron Stock Performance
Shares of CIA stock opened at C$3.89 on Wednesday. The stock has a market capitalization of C$2.01 billion, a PE ratio of 15.56, a PEG ratio of -1.35 and a beta of 1.39. Champion Iron has a one year low of C$3.29 and a one year high of C$6.90. The business’s 50 day simple moving average is C$3.93 and its 200 day simple moving average is C$4.67. The company has a debt-to-equity ratio of 57.89, a current ratio of 2.28 and a quick ratio of 2.01.
About Champion Iron
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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