FY2025 EPS Estimates for Champion Iron Boosted by Desjardins

Champion Iron Limited (TSE:CIA) – Stock analysts at Desjardins boosted their FY2025 earnings estimates for shares of Champion Iron in a report issued on Thursday, January 30th. Desjardins analyst A. Carson now anticipates that the company will post earnings per share of $0.59 for the year, up from their prior forecast of $0.58. Desjardins currently 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.

Several other equities analysts also recently issued reports on the company. Citigroup upgraded Champion Iron to a “strong-buy” rating in a research report on Sunday, January 19th. Scotiabank reduced their target price 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 report on Thursday, January 30th. B. Riley upgraded shares of Champion Iron to a “strong-buy” rating in a research report on Tuesday, January 21st. TD Securities lowered their target price on 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. 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 investment analyst has rated the stock with a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Champion Iron currently has a consensus rating of “Buy” and an average price target of C$7.44.

Champion Iron Stock Performance

TSE CIA opened at C$4.97 on Monday. The firm has a market cap of C$2.57 billion, a price-to-earnings ratio of 8.72, a PEG ratio of -1.35 and a beta of 1.39. The company has a current ratio of 2.42, a quick ratio of 2.01 and a debt-to-equity ratio of 42.65. Champion Iron has a 1-year low of C$4.65 and a 1-year high of C$7.35. The company has a 50 day moving average of C$5.22 and a 200-day moving average of C$5.43.

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.