Brokers Offer Predictions for Champion Iron FY2025 Earnings

Champion Iron Limited (TSE:CIA) – Equities research analysts at B. Riley upped their FY2025 earnings per share estimates for Champion Iron in a report issued on Tuesday, February 11th. B. Riley analyst N. Giles now forecasts that the company will earn $0.33 per share for the year, up from their prior estimate of $0.26. B. Riley has a “Strong-Buy” rating on the stock. The consensus estimate for Champion Iron’s current full-year earnings is $0.60 per share.

Several other research analysts have also weighed in on the stock. Scotiabank reduced their price objective on shares of Champion Iron from C$6.75 to C$6.50 and set a “sector perform” rating on the stock in a research note on Thursday, January 30th. Desjardins raised shares of Champion Iron to a “moderate buy” rating in a research report on Thursday, October 31st. TD Securities lowered their price objective 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. Raymond James set a C$8.00 target price on Champion Iron and gave the stock an “outperform” rating in a report on Thursday, January 2nd. Finally, Citigroup upgraded Champion Iron to a “strong-buy” rating in a report on Sunday, January 19th. One investment analyst has rated the stock with a hold rating, two have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of C$7.44.

Champion Iron Price Performance

Champion Iron stock opened at C$5.16 on Thursday. The company has a current ratio of 2.42, a quick ratio of 2.01 and a debt-to-equity ratio of 42.65. The firm has a market capitalization of C$2.67 billion, a P/E ratio of 9.05, a PEG ratio of -1.35 and a beta of 1.39. The business has a 50-day moving average of C$5.20 and a 200-day moving average of C$5.41. Champion Iron has a 1 year low of C$4.65 and a 1 year high of C$7.35.

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.