Champion Iron (TSE:CIA – Free Report) had its price target lowered by Scotiabank from C$7.00 to C$6.50 in a research report released on Wednesday morning, BayStreet.CA reports. The brokerage currently has a sector perform rating on the stock.
A number of other research analysts also recently commented on CIA. B. Riley increased their target price on shares of Champion Iron from C$8.00 to C$10.00 and gave the company a buy rating in a research report on Friday, January 12th. Raymond James dropped their target price on shares of Champion Iron from C$8.50 to C$8.00 in a research report on Monday, April 1st.
Read Our Latest Analysis on Champion Iron
Champion Iron Trading Up 4.2 %
Champion Iron (TSE:CIA – Get Free Report) last posted its earnings results on Wednesday, January 31st. The company reported C$0.24 EPS for the quarter, beating analysts’ consensus estimates of C$0.19 by C$0.05. The firm had revenue of C$506.89 million for the quarter, compared to the consensus estimate of C$468.60 million. Champion Iron had a net margin of 17.92% and a return on equity of 23.32%. Equities analysts predict that Champion Iron will post 0.9822581 earnings per share for the current fiscal year.
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.
Read More
- Five stocks we like better than Champion Iron
- How to Read Stock Charts for Beginners
- High-Yield Texas Instruments Could Hit New Highs Soon
- Stock Market Holidays 2022-2025 – Here’s When the NYSE and NASDAQ Will be Closed
- Pagaya Technologies: An AI Fintech That Insiders Are Buying
- Learn Technical Analysis Skills to Master the Stock Market
- Higher Oil Prices Could Give NextEra’s Stock Earnings a Boost
Receive News & Ratings for Champion Iron Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Champion Iron and related companies with MarketBeat.com's FREE daily email newsletter.