--- title: "Champion Iron (TSE:CIA) Stock Price Passes Below 200 Day Moving Average - What's Next?" type: "News" locale: "en" url: "https://longbridge.com/en/news/295993859.md" description: "Champion Iron (TSE:CIA) shares fell below their 200-day moving average of C$4.58, trading at C$3.37 with significant volume. Analysts have adjusted price targets and ratings recently; Scotiabank lowered its target to C$5.50, while TD raised it to C$6.50. Despite recent downgrades from BMO and National Bank, the consensus rating remains 'Buy' with an average target of C$6.08. The company reported Q1 EPS of C$0.05 on revenue of C$414.5 million." datetime: "2026-08-15T07:00:38.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295993859.md) - [en](https://longbridge.com/en/news/295993859.md) - [zh-HK](https://longbridge.com/zh-HK/news/295993859.md) --- # Champion Iron (TSE:CIA) Stock Price Passes Below 200 Day Moving Average - What's Next? Shares of Champion Iron Limited (TSE:CIA - Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$4.58 and traded as low as C$3.37. Champion Iron shares last traded at C$3.37, with a volume of 649,687 shares traded. Get **Champion Iron** alerts: ## Wall Street Analyst Weigh In CIA has been the topic of a number of research analyst reports. Scotiabank lowered their price target on Champion Iron from C$6.00 to C$5.50 and set a "sector outperform" rating on the stock in a report on Monday, June 15th. BMO Capital Markets downgraded shares of Champion Iron from a "strong-buy" rating to a "hold" rating in a report on Monday, June 8th. National Bank Financial reduced their price objective on shares of Champion Iron from C$5.75 to C$5.50 and set an "outperform" rating for the company in a report on Tuesday, July 14th. TD increased their target price on shares of Champion Iron from C$5.00 to C$6.50 and gave the company a "buy" rating in a research report on Tuesday, July 14th. Finally, Scotia lowered their target price on shares of Champion Iron from C$5.50 to C$5.00 and set a "sector outperform" rating on the stock in a research note on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of C$6.08. **View Our Latest Research Report on Champion Iron** ## Champion Iron Stock Performance The stock has a market cap of C$1.89 billion, a P/E ratio of 16.85, a PEG ratio of -1.35 and a beta of 0.29. The company has a fifty day moving average of C$3.82 and a 200 day moving average of C$4.58. The company has a debt-to-equity ratio of 87.81, a current ratio of 1.56 and a quick ratio of 2.01. Champion Iron (TSE:CIA - Get Free Report) last issued its quarterly earnings results on Thursday, May 28th. The company reported C$0.05 earnings per share (EPS) for the quarter. The firm had revenue of C$414.50 million during the quarter. Champion Iron had a return on equity of 6.81% and a net margin of 5.99%. On average, equities analysts predict that Champion Iron Limited will post 0.5958254 earnings per share for the current fiscal year. ## Champion Iron Company Profile (Get Free Report) Champion is a high-purity iron ore producer with operations in Canada and Norway. Through Quebec Iron Ore Inc, Champion owns and operates the Bloom Lake Mining Complex located on the south end of the Labrador Trough, approximately 13 kilometres north of Fermont, Québec. Bloom Lake is an open-pit operation with two concentration plants that primarily source energy from renewable hydroelectric power, having a combined nameplate capacity of 15M wmt per year that produce low contaminant high-purity iron ore concentrates with a proven ability to produce direct reduction grade quality iron ore concentrate. ## Recommended Stories - Five stocks we like better than Champion Iron - Sony and TSMC’s $4.7 Billion Venture Is About More Than Camera Sensors - Quantum Leaps: Debt-Free as AI Storage Demand Accelerates - NVIDIA's $500 Billion GPU Financing Deal Fuels Path Toward $270 - Sandisk’s Margins Look Like Software. Can They Last? _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Add As Preferred Source ## Should You Invest $1,000 in Champion Iron Right Now? Before you consider Champion Iron, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Champion Iron wasn't on the list. While Champion Iron currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys. 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