Champion Iron Limited (TSE:CIA – Free Report) – Stock analysts at Raymond James raised their FY2025 earnings estimates for Champion Iron in a report released on Thursday, October 31st. Raymond James analyst B. Macarthur now forecasts that the company will earn $0.49 per share for the year, up from their prior estimate of $0.47. The consensus estimate for Champion Iron’s current full-year earnings is $0.60 per share.
Other research analysts have also recently issued reports about the company. Scotiabank upped their price objective 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. TD Securities cut their price target on Champion Iron from C$8.00 to C$7.00 and set a “buy” rating on the stock in a research note on Friday. Finally, Desjardins upgraded Champion Iron to a “moderate buy” rating in a research note on Thursday, October 31st. One investment analyst has rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, Champion Iron presently has a consensus rating of “Moderate Buy” and a consensus price target of C$8.10.
Champion Iron Trading Down 1.2 %
CIA stock opened at C$5.54 on Monday. 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 12-month low of C$4.74 and a 12-month high of C$7.77. The stock has a market cap of C$2.87 billion, a price-to-earnings ratio of 9.72, a PEG ratio of -1.35 and a beta of 1.39. The business’s 50-day moving average is C$5.69 and its 200 day moving average is C$5.87.
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.
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