Cormark Has Negative Forecast for Champion Iron Q1 Earnings

Champion Iron Limited (TSE:CIAFree Report) – Investment analysts at Cormark decreased their Q1 2026 earnings estimates for Champion Iron in a research note issued to investors on Thursday, December 19th. Cormark analyst S. Ioannou now forecasts that the company will earn $0.07 per share for the quarter, down from their previous forecast of $0.08. The consensus estimate for Champion Iron’s current full-year earnings is $0.60 per share. Cormark also issued estimates for Champion Iron’s FY2026 earnings at $0.24 EPS.

A number of other brokerages also recently issued reports on CIA. Desjardins upgraded shares of Champion Iron to a “moderate buy” rating in a report on Thursday, October 31st. TD Securities dropped their target price on shares of Champion Iron from C$8.00 to C$7.00 and set a “buy” rating for the company in a report on Friday, November 1st. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$8.10.

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Champion Iron Trading Up 1.2 %

TSE CIA opened at C$5.23 on Monday. The company has a quick ratio of 2.01, a current ratio of 2.42 and a debt-to-equity ratio of 42.65. The stock has a market capitalization of C$2.71 billion, a P/E ratio of 9.18, a P/E/G ratio of -1.35 and a beta of 1.39. Champion Iron has a 52-week low of C$4.74 and a 52-week high of C$7.77. The firm has a 50-day moving average price of C$5.40 and a 200 day moving average price of C$5.59.

About Champion Iron

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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.

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Earnings History and Estimates for Champion Iron (TSE:CIA)

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