Cormark Weighs in on Champion Iron’s Q1 Earnings (TSE:CIA)

Champion Iron Limited (TSE:CIA) – Cormark dropped their Q1 2026 earnings estimates for Champion Iron in a report released on Thursday, December 19th. Cormark analyst S. Ioannou now expects that the company will earn $0.07 per share for the quarter, down from their previous estimate of $0.08. The consensus estimate for Champion Iron’s current full-year earnings is $0.60 per share. Cormark also issued estimates for Champion Iron’s FY2026 earnings at $0.24 EPS.

A number of other brokerages have also recently commented on CIA. Desjardins upgraded shares of Champion Iron to a “moderate buy” rating in a report on Thursday, October 31st. TD Securities lowered their target price on shares of Champion Iron from C$8.00 to C$7.00 and set a “buy” rating for the company in a report on Friday, November 1st. One equities research analyst has rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, Champion Iron has a consensus rating of “Moderate Buy” and a consensus target price of C$8.10.

Champion Iron Price Performance

CIA stock opened at C$5.17 on Monday. 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 has a 1 year low of C$4.74 and a 1 year high of C$7.77. The firm has a 50-day moving average of C$5.42 and a 200 day moving average of C$5.60. The company has a market cap of C$2.68 billion, a P/E ratio of 9.07, a PEG ratio of -1.35 and a beta of 1.39.

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.