B. Riley Issues Positive Estimate for Champion Iron Earnings

Champion Iron Limited (TSE:CIA) – Equities research analysts at B. Riley lifted their FY2026 earnings per share (EPS) estimates for Champion Iron in a report released on Tuesday, January 21st. B. Riley analyst L. Pipes now forecasts that the company will earn $0.70 per share for the year, up from their prior forecast of $0.68. The consensus estimate for Champion Iron’s current full-year earnings is $0.60 per share. B. Riley also issued estimates for Champion Iron’s FY2027 earnings at $1.03 EPS.

Champion Iron (TSE:CIA) last released its earnings results on Thursday, October 31st. The company reported C$0.04 EPS for the quarter, missing analysts’ consensus estimates 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 period in the prior year, the firm posted $0.12 earnings per share.

Several other analysts have also issued reports on CIA. TD Securities cut their price target on shares of 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. Desjardins upgraded shares of Champion Iron to a “moderate buy” rating in a research report on Thursday, October 31st. Citigroup upgraded shares of Champion Iron to a “strong-buy” rating in a research report on Sunday, January 19th. Finally, Raymond James set a C$8.00 price target on shares of Champion Iron and gave the company an “outperform” rating in a research report on Thursday, January 2nd. One investment analyst has rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of C$7.63.

Champion Iron Stock Performance

TSE CIA opened at C$5.17 on Thursday. The company has a 50-day simple moving average of C$5.23 and a two-hundred day simple moving average of C$5.48. The company has a quick ratio of 2.01, a current ratio of 2.42 and a debt-to-equity ratio of 42.65. Champion Iron has a 12-month low of C$4.74 and a 12-month high of C$7.58. The firm has a market cap of C$2.68 billion, a price-to-earnings ratio of 9.07, a PEG ratio of -1.35 and a beta of 1.39.

About Champion Iron

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.