FY2025 EPS Estimates for Champion Iron Cut by Raymond James

Champion Iron Limited (TSE:CIA) – Equities research analysts at Raymond James cut their FY2025 earnings per share estimates for shares of Champion Iron in a research note issued on Thursday, January 30th. Raymond James analyst B. Macarthur now forecasts that the company will post earnings per share of $0.34 for the year, down from their prior forecast of $0.38. Raymond James currently has a “Outperform” rating and a $8.00 target price on the stock. The consensus estimate for Champion Iron’s current full-year earnings is $0.60 per share.

Champion Iron (TSE:CIA) last issued its quarterly earnings results 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 previous year, the business posted $0.12 earnings per share.

Several other equities research analysts have also commented on the company. Citigroup upgraded Champion Iron to a “strong-buy” rating in a research note on Sunday, January 19th. TD Securities reduced 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 research report on Friday, November 1st. Desjardins upgraded shares of Champion Iron to a “moderate buy” rating in a research report on Thursday, October 31st. B. Riley upgraded shares of Champion Iron to a “strong-buy” rating in a report on Tuesday, January 21st. Finally, Scotiabank lowered their target price on Champion Iron from C$6.75 to C$6.50 and set a “sector perform” rating on the stock in a report on Thursday. One research analyst has rated the stock with a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Champion Iron currently has an average rating of “Buy” and a consensus price target of C$7.44.

Champion Iron Stock Up 0.8 %

Shares of TSE CIA opened at C$5.03 on Friday. Champion Iron has a 52-week low of C$4.74 and a 52-week high of C$7.58. 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 company’s 50-day simple moving average is C$5.24 and its 200-day simple moving average is C$5.45. The firm has a market cap of C$2.61 billion, a price-to-earnings ratio of 8.82, a price-to-earnings-growth 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.