FY2025 EPS Estimates for Champion Iron Increased by Analyst

Champion Iron Limited (TSE:CIA) – Investment analysts at Desjardins upped their FY2025 EPS estimates for Champion Iron in a note issued to investors on Thursday, January 30th. Desjardins analyst A. Carson now expects that the company will earn $0.59 per share for the year, up from their prior forecast of $0.58. Desjardins currently has a “Moderate Buy” rating on the stock. The consensus estimate for Champion Iron’s current full-year earnings is $0.60 per share. Desjardins also issued estimates for Champion Iron’s FY2027 earnings at $0.93 EPS.

Several other research firms have also recently issued reports on CIA. Citigroup upgraded shares of Champion Iron to a “strong-buy” rating in a research report on Sunday, January 19th. TD Securities cut their price objective on shares of Champion Iron from C$8.00 to C$7.00 and set a “buy” rating for the company in a research report on Friday, November 1st. Scotiabank dropped their price target on shares of Champion Iron from C$6.75 to C$6.50 and set a “sector perform” rating for the company in a research report on Thursday. Raymond James set a C$8.00 price target on shares of Champion Iron and gave the company an “outperform” rating in a research report on Thursday, January 2nd. Finally, B. Riley upgraded shares of Champion Iron to a “strong-buy” rating in a research report on Tuesday, January 21st. One research analyst has rated the stock with a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of C$7.44.

Champion Iron Price Performance

Champion Iron stock opened at C$4.98 on Monday. Champion Iron has a 12-month low of C$4.74 and a 12-month high of C$7.58. The stock has a market cap of C$2.58 billion, a P/E ratio of 8.74, a PEG ratio of -1.35 and a beta of 1.39. The company has a 50-day moving average price of C$5.23 and a 200 day moving average price of C$5.44. The company has a current ratio of 2.42, a quick ratio of 2.01 and a debt-to-equity ratio of 42.65.

Champion Iron (TSE:CIA) last released its quarterly earnings data on Thursday, October 31st. The company reported C$0.04 earnings per share (EPS) for the quarter, missing the consensus estimate 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 quarter last year, the firm earned $0.12 EPS.

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.