FY2027 EPS Estimates for Champion Iron Boosted by Scotiabank

Champion Iron Limited (TSE:CIA) – Scotiabank upped their FY2027 earnings per share (EPS) estimates for shares of Champion Iron in a research report issued on Tuesday, July 7th. Scotiabank analyst O. Wowkodaw now anticipates that the company will post earnings per share of $0.10 for the year, up from their previous forecast of $0.05. Scotiabank has a “Sector Outperform” rating and a $5.50 price target on the stock. The consensus estimate for Champion Iron’s current full-year earnings is $0.60 per share.

Several other equities analysts also recently issued reports on the stock. National Bank Financial set a C$5.75 price objective on shares of Champion Iron and gave the company an “outperform” rating in a research note on Wednesday, June 10th. BMO Capital Markets downgraded Champion Iron from a “strong-buy” rating to a “hold” rating in a report on Monday, June 8th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of C$6.05.

Champion Iron Price Performance

Shares of TSE:CIA opened at C$3.87 on Wednesday. The company has a debt-to-equity ratio of 70.43, a quick ratio of 2.01 and a current ratio of 2.60. The business’s fifty day moving average price is C$4.41 and its two-hundred day moving average price is C$4.98. The stock has a market cap of C$2.17 billion, a PE ratio of 12.09, a price-to-earnings-growth ratio of -1.35 and a beta of 0.31. Champion Iron has a one year low of C$3.69 and a one year high of C$6.14.

Champion Iron (TSE:CIA) last posted its earnings results on Thursday, May 28th. The company reported C$0.05 EPS for the quarter. The company had revenue of C$414.50 million for the quarter. Champion Iron had a return on equity of 11.28% and a net margin of 9.48%.

Champion Iron Company Profile

Champion Iron Ltd is engaged in the exploration and development of iron ore properties in Quebec, Canada. The company’s operating segment include Mine Site, Exploration and Evaluation, and Corporate. It generates maximum revenue from Mine Site segment. The company projects include Fire Lake North, Powderhorn/Gullbridge, Moire, Quinto Claims, Harvey Tuttle, O’keefe-Purdy, and others.