What is Cormark’s Estimate for Champion Iron Q1 Earnings?

Champion Iron Limited (TSE:CIA) – Research analysts at Cormark cut their Q1 2027 earnings per share estimates for Champion Iron in a research note issued on Monday, November 3rd. Cormark analyst S. Ioannou now anticipates that the company will earn $0.07 per share for the quarter, down from their prior estimate of $0.08. The consensus estimate for Champion Iron’s current full-year earnings is $0.60 per share.

CIA has been the subject of a number of other reports. TD Securities reduced their price objective on shares of Champion Iron from C$5.50 to C$5.00 and set a “buy” rating for the company in a research note on Thursday, July 31st. Desjardins raised shares of Champion Iron to a “moderate buy” rating in a research report on Wednesday, October 22nd. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of C$6.00.

Champion Iron Price Performance

CIA opened at C$5.18 on Tuesday. The firm has a market cap of C$2.76 billion, a PE ratio of 23.55, a P/E/G ratio of -1.35 and a beta of 0.68. The stock has a 50-day moving average price of C$4.32 and a 200-day moving average price of C$4.09. Champion Iron has a 1 year low of C$3.29 and a 1 year high of C$5.99. The company has a debt-to-equity ratio of 57.89, a current ratio of 2.28 and a quick ratio of 2.01.

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.