Raymond James Reduces Earnings Estimates for Champion Iron

Champion Iron Limited (TSE:CIA) – Investment analysts at Raymond James dropped their Q4 2026 earnings per share estimates for shares of Champion Iron in a research report issued to clients and investors on Thursday, October 31st. Raymond James analyst B. Macarthur now anticipates that the company will post earnings per share of $0.18 for the quarter, down from their previous forecast of $0.19. The consensus estimate for Champion Iron’s current full-year earnings is $0.60 per share.

Several other equities research analysts also recently commented on CIA. Scotiabank upped their target price on shares of Champion Iron from C$7.00 to C$7.25 and gave the company a “sector perform” rating in a research note on Monday, July 15th. Desjardins set a C$8.25 price objective on Champion Iron and gave the stock a “buy” rating in a research note on Wednesday, July 17th.

Champion Iron Stock Performance

Shares of CIA stock opened at C$5.37 on Friday. The stock has a 50-day moving average of C$5.68 and a 200-day moving average of C$5.88. Champion Iron has a one year low of C$4.74 and a one year high of C$7.77. The stock has a market cap of C$2.78 billion, a PE ratio of 9.42, a price-to-earnings-growth ratio of -1.35 and a beta of 1.39. 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 (TSE:CIA) last issued its earnings results on Tuesday, July 30th. The company reported C$0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.17 by C($0.01). The company had revenue of C$467.08 million for the quarter, compared to the consensus estimate of C$454.50 million. Champion Iron had a return on equity of 22.52% and a net margin of 17.64%.

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.