FY2027 EPS Estimates for Champion Iron Boosted by Scotiabank

Champion Iron Limited (TSE:CIA) – Stock analysts at Scotiabank upped their FY2027 earnings per share (EPS) estimates for Champion Iron in a research note 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 prior forecast of $0.05. Scotiabank currently 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 brokerages also recently weighed in on CIA. National Bank Financial set a C$5.75 price target on shares of Champion Iron and gave the stock an “outperform” rating in a research note on Wednesday, June 10th. BMO Capital Markets cut Champion Iron from a “strong-buy” rating to a “hold” rating in a research 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 stock. According to MarketBeat, Champion Iron presently has an average rating of “Buy” and an average target price of C$6.05.

Champion Iron Stock Performance

TSE:CIA opened at C$3.87 on Wednesday. The firm has a market cap of C$2.17 billion, a price-to-earnings ratio of 12.09, a price-to-earnings-growth ratio of -1.35 and a beta of 0.31. The company has a debt-to-equity ratio of 70.43, a current ratio of 2.60 and a quick ratio of 2.01. Champion Iron has a 1-year low of C$3.69 and a 1-year high of C$6.14. The firm’s fifty day moving average price is C$4.41 and its 200 day moving average price is C$4.98.

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

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.