B. Riley Issues Positive Estimate for Champion Iron Earnings

Champion Iron Limited (TSE:CIA) – Stock analysts at B. Riley boosted their FY2026 earnings per share (EPS) estimates for Champion Iron in a research report issued to clients and investors on Tuesday, January 21st. B. Riley analyst L. Pipes now forecasts that the company will earn $0.70 per share for the year, up from their prior forecast of $0.68. The consensus estimate for Champion Iron’s current full-year earnings is $0.60 per share. B. Riley also issued estimates for Champion Iron’s FY2027 earnings at $1.03 EPS.

A number of other research analysts also recently weighed in on CIA. Citigroup upgraded Champion Iron to a “strong-buy” rating in a report on Sunday. Desjardins upgraded Champion Iron to a “moderate buy” rating in a research report on Thursday, October 31st. TD Securities decreased their price objective on 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. Finally, Raymond James set a C$8.00 price objective on Champion Iron and gave the company an “outperform” rating in a research report on Thursday, January 2nd. One equities research analyst has rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of C$7.63.

Champion Iron Price Performance

Shares of TSE CIA opened at C$5.21 on Thursday. 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$7.58. The company’s 50-day moving average is C$5.23 and its 200 day moving average is C$5.49. The stock has a market capitalization of C$2.70 billion, a P/E ratio of 9.14, a P/E/G ratio of -1.35 and a beta of 1.39.

Champion Iron (TSE:CIA) last issued its quarterly earnings data on Thursday, October 31st. The company reported C$0.04 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 in the prior year, the business earned $0.12 earnings per share.

Champion Iron Company Profile

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.