Brokers Offer Predictions for Champion Iron FY2027 Earnings

Champion Iron Limited (TSE:CIA) – Analysts at B. Riley cut their FY2027 earnings per share (EPS) estimates for Champion Iron in a note issued to investors on Sunday, November 3rd. B. Riley analyst L. Pipes now expects that the company will earn $0.95 per share for the year, down from their prior forecast of $1.01. The consensus estimate for Champion Iron’s current full-year earnings is $0.60 per share.

Several other research analysts have also issued reports on the stock. TD Securities decreased 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 report on Friday, November 1st. Scotiabank boosted their price objective on Champion Iron from C$7.00 to C$7.25 and gave the stock a “sector perform” rating in a report on Monday, July 15th. Finally, Desjardins raised shares of Champion Iron to a “moderate buy” rating in a research note on Thursday, October 31st. One research analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$8.10.

Champion Iron Trading Up 4.2 %

Shares of CIA stock opened at C$5.70 on Tuesday. Champion Iron has a fifty-two week low of C$4.74 and a fifty-two week high of C$7.77. The company has a quick ratio of 2.01, a current ratio of 2.42 and a debt-to-equity ratio of 42.65. The stock has a 50-day simple moving average of C$5.69 and a 200 day simple moving average of C$5.87. The stock has a market capitalization of C$2.95 billion, a P/E ratio of 10.00, a P/E/G 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.