FY2025 EPS Estimates for Champion Iron Lifted by Desjardins

Champion Iron Limited (TSE:CIA) – Equities researchers at Desjardins boosted their FY2025 earnings per share estimates for Champion Iron in a report released on Thursday, January 30th. Desjardins analyst A. Carson now anticipates that the company will earn $0.59 per share for the year, up from their prior forecast of $0.58. Desjardins has a “Moderate Buy” rating on the stock. The consensus estimate for Champion Iron’s current full-year earnings is $0.60 per share. Desjardins also issued estimates for Champion Iron’s FY2027 earnings at $0.93 EPS.

Other equities analysts have also recently issued research reports about the company. Scotiabank cut their price objective on Champion Iron from C$6.75 to C$6.50 and set a “sector perform” rating for the company in a research report on Thursday, January 30th. TD Securities cut 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 note on Friday, November 1st. Citigroup upgraded shares of Champion Iron to a “strong-buy” rating in a report on Sunday, January 19th. B. Riley raised Champion Iron to a “strong-buy” rating in a research report on Tuesday, January 21st. Finally, Raymond James set a C$8.00 price target on Champion Iron and gave the company an “outperform” rating in a report on Thursday, January 2nd. One analyst has rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Buy” and a consensus price target of C$7.44.

Champion Iron Stock Up 2.5 %

Champion Iron stock opened at C$4.97 on Monday. 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 fifty-two week low of C$4.65 and a fifty-two week high of C$7.35. The firm has a fifty day moving average price of C$5.22 and a two-hundred day moving average price of C$5.43. The firm has a market cap of C$2.57 billion, a price-to-earnings ratio of 8.72, a P/E/G ratio of -1.35 and a beta of 1.39.

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.