Brokers Offer Predictions for Champion Iron FY2025 Earnings

Champion Iron Limited (TSE:CIA) – Analysts at Raymond James lifted their FY2025 earnings estimates for shares of Champion Iron in a research report issued on Thursday, October 31st. Raymond James analyst B. Macarthur now expects that the company will post earnings of $0.49 per share for the year, up from their prior forecast of $0.47. The consensus estimate for Champion Iron’s current full-year earnings is $0.60 per share.

Several other research analysts have also issued reports on the company. Desjardins raised Champion Iron to a “moderate buy” rating in a research report on Thursday, October 31st. TD Securities lowered their price objective on 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. Finally, Scotiabank upped their target price on Champion Iron from C$7.00 to C$7.25 and gave the company a “sector perform” rating in a report on Monday, July 15th. One research analyst has rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Champion Iron presently has an average rating of “Moderate Buy” and a consensus price target of C$8.10.

Champion Iron Price Performance

Shares of TSE:CIA opened at C$5.47 on Monday. 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 52 week low of C$4.74 and a 52 week high of C$7.77. The firm has a market cap of C$2.83 billion, a PE ratio of 9.60, a price-to-earnings-growth ratio of -1.35 and a beta of 1.39. The firm’s fifty day moving average is C$5.69 and its 200-day moving average is C$5.87.

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.