B. Riley Forecasts Champion Iron’s FY2025 Earnings (TSE:CIA)

Champion Iron Limited (TSE:CIA) – Stock analysts at B. Riley boosted their FY2025 EPS estimates for shares of Champion Iron in a report released on Tuesday, February 11th. B. Riley analyst N. Giles now anticipates that the company will post earnings of $0.33 per share for the year, up from their previous estimate of $0.26. B. Riley currently has a “Strong-Buy” rating on the stock. The consensus estimate for Champion Iron’s current full-year earnings is $0.60 per share.

A number of other equities analysts have also recently issued reports on the company. Citigroup raised Champion Iron to a “strong-buy” rating in a report on Sunday, January 19th. TD Securities reduced their price target on shares of Champion Iron from C$8.00 to C$7.00 and set a “buy” rating on the stock in a research report on Friday, November 1st. Scotiabank lowered their price objective on shares of Champion Iron from C$6.75 to C$6.50 and set a “sector perform” rating for the company in a research report on Thursday, January 30th. Raymond James set a C$8.00 target price on shares of Champion Iron and gave the stock an “outperform” rating in a research report on Thursday, January 2nd. Finally, Desjardins raised Champion Iron to a “moderate buy” rating in a report on Thursday, October 31st. One analyst has rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Champion Iron has a consensus rating of “Buy” and a consensus price target of C$7.44.

Champion Iron Stock Down 1.0 %

Shares of CIA opened at C$5.16 on Thursday. 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 company has a 50-day moving average price of C$5.20 and a two-hundred day moving average price of C$5.41. The stock has a market cap of C$2.67 billion, a price-to-earnings ratio of 9.05, a P/E/G ratio of -1.35 and a beta of 1.39. Champion Iron has a 12 month low of C$4.65 and a 12 month high of C$7.35.

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.