Champion Iron FY2025 EPS Forecast Reduced by Raymond James

Champion Iron Limited (TSE:CIA) – Equities research analysts at Raymond James reduced their FY2025 earnings per share estimates for Champion Iron in a report issued on Thursday, January 30th. Raymond James analyst B. Macarthur now expects that the company will post earnings per share of $0.34 for the year, down from their previous estimate of $0.38. Raymond James currently has a “Outperform” rating and a $8.00 target price on the stock. The consensus estimate for Champion Iron’s current full-year earnings is $0.60 per share.

Champion Iron (TSE:CIA) last released its quarterly earnings data on Thursday, October 31st. The company reported C$0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.11 by C($0.07). Champion Iron had a net margin of 17.64% and a return on equity of 22.52%. During the same quarter in the previous year, the firm earned $0.12 earnings per share.

Several other research firms also recently commented on CIA. Desjardins upgraded Champion Iron to a “moderate buy” rating in a report on Thursday, October 31st. B. Riley upgraded Champion Iron to a “strong-buy” rating in a report on Tuesday, January 21st. 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 note on Friday, November 1st. Citigroup raised shares of Champion Iron to a “strong-buy” rating in a research report on Sunday, January 19th. Finally, Scotiabank lowered their price target on shares of 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. One research analyst has rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of C$7.44.

Champion Iron Stock Performance

Shares of TSE:CIA opened at C$5.03 on Friday. The firm’s 50 day simple moving average is C$5.24 and its 200-day simple moving average is C$5.45. The company has a debt-to-equity ratio of 42.65, a quick ratio of 2.01 and a current ratio of 2.42. Champion Iron has a one year low of C$4.74 and a one year high of C$7.58. The firm has a market cap of C$2.61 billion, a PE ratio of 8.82, a price-to-earnings-growth 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.