Champion Iron stock falls 1.61 percent after earnings miss estimates

Published on 09/28/2026 at 13:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Champion Iron stock posted CAD 357 million in June 2026 revenue against CAD 443 million consensus. Eight analysts held a Buy consensus with a CAD 6.08 average target.

Champion, AU000000CIA2, Illustration mit AI erstellt.

Champion Iron stock (ISIN AU000000CIA2) was last at AUD 3.06 on the ASX on September 28, 2026 at 4:10 p.m. AEST, down 1.61 percent from AUD 3.11. The companys latest June 2026 quarterly figures showed revenue of CAD 357 million against CAD 443 million consensus and EPS of CAD -0.06 versus CAD 0.02, according to Investing.com.

Quarterly revenue misses estimates

The June 2026 revenue result was 19.42 percent below the CAD 443 million consensus shown by Investing.com, while the reported EPS of CAD -0.06 compared with a forecast of CAD 0.02. The figures make operating conditions and cost control the central issues for the next reporting cycle.

Champion Iron identifies the companys reporting currency as CAD and lists ordinary shares on the ASX and TSX. Its investor materials also identify Bloom Lake and the companys iron ore operations as core assets.

Analysts keep a wide target gap

According to MarketBeat on September 18, 2026, eight analysts held a Buy consensus, including six Buy ratings, one Strong Buy and one Hold. The average 12-month target was CAD 6.08, while TD raised its target from CAD 5.00 to CAD 6.50 on July 14, 2026.

The market data put the ASX share price 54.26 percent below its 52-week high of AUD 6.69. The session range was AUD 3.06 to AUD 3.15, volume reached 1,793,390 shares, and market capitalization stood at AUD 1.7 billion on September 28, 2026.

Stock trades near its yearly low

Champion Iron stock was last at AUD 3.06 on the ASX on September 28, 2026 at 4:10 p.m. AEST. Its 52-week range was AUD 3.04 to AUD 6.69, leaving the price AUD 0.02 above the yearly low and AUD 3.63 below the yearly high.