Raymond James Financial Estimates Champion Iron Q3 Earnings

Champion Iron Limited (TSE:CIA) – Equities research analysts at Raymond James Financial cut their Q3 2026 earnings per share (EPS) estimates for Champion Iron in a note issued to investors on Wednesday, July 2nd. Raymond James Financial analyst B. Macarthur now anticipates that the company will earn $0.10 per share for the quarter, down from their previous estimate of $0.12. Raymond James Financial currently has a “Outperform” rating and a $7.50 price objective on the stock. The consensus estimate for Champion Iron’s current full-year earnings is $0.60 per share.

Several other brokerages have also recently commented on CIA. Scotiabank raised Champion Iron from a “sector perform” rating to an “outperform” rating and decreased their target price for the stock from C$6.00 to C$5.50 in a research report on Monday, April 7th. CLSA upgraded shares of Champion Iron to a “hold” rating in a research note on Friday, May 30th. Finally, Desjardins raised Champion Iron to a “moderate buy” rating in a research report on Friday, April 4th. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of C$7.06.

Champion Iron Stock Performance

CIA opened at C$3.86 on Thursday. Champion Iron has a fifty-two week low of C$3.29 and a fifty-two week high of C$6.90. The firm has a market cap of C$1.99 billion, a PE ratio of 15.44, a P/E/G ratio of -1.35 and a beta of 1.39. The company has a quick ratio of 2.01, a current ratio of 2.28 and a debt-to-equity ratio of 57.89. The business has a fifty day simple moving average of C$3.93 and a 200-day simple moving average of C$4.50.

Champion Iron Company Profile

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.