Cormark Has Bearish Forecast for Champion Iron Q1 Earnings

Champion Iron Limited (TSE:CIA) – Research analysts at Cormark cut their Q1 2026 earnings estimates for Champion Iron in a note issued to investors on Thursday, December 19th. Cormark analyst S. Ioannou now expects that the company will post earnings per share of $0.07 for the quarter, down from their previous estimate 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.

CIA has been the subject of a number of other reports. TD Securities dropped their price target on 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. Desjardins raised Champion Iron to a “moderate buy” rating in a report on Thursday, October 31st. One investment analyst has rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$8.10.

Champion Iron Stock Up 0.2 %

CIA opened at C$5.17 on Monday. The company has a market capitalization of C$2.68 billion, a PE ratio of 9.07, a price-to-earnings-growth ratio of -1.35 and a beta of 1.39. The firm has a 50-day simple moving average of C$5.42 and a two-hundred day simple moving average of C$5.60. 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 52 week low of C$4.74 and a 52 week high of C$7.77.

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.