CHAMPION IRON LIMITED (CIA)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

CIA - CHAMPION IRON LIMITED

FNArena Sector : Iron Ore

Year End: March

GICS Industry Group : Materials

Debt/EBITDA: 2.1

Index: ASX200 | ASX300 | ALL-ORDS

Champion Iron is engaged in the exploration, development and production of iron ore in Quebec, Canada. The company has been listed on the ASX since 2007.

LAST PRICE	CHANGE +/-	CHANGE %	VOLUME
$3.95 13 Jul 2026	0.000 OPEN $3.97	0.000 HIGH $4.00	2,100,805 LOW $3.91

LAST PRICE

CHANGE +/-

CHANGE %

VOLUME

$3.95

13 Jul
2026

0.000

OPEN

$3.97

0.000

HIGH

$4.00

2,100,805

LOW

$3.91

TARGET

$5.825

47.5% upside

OTHER COMPANIES IN THE SAME SECTOR
ARI . DRR . FEX . FMG . GEN . GRR . MGX . MIN .

FNARENA'S MARKET CONSENSUS FORECASTS

12 Month Avg FX Values

Present FX Values

Original Currency

Title	FY27 Forecast	FY28 Forecast
EPS (cps)	42.6	xxx
DPS (cps)	12.7	xxx
EPS Growth	N/A	xxx
DPS Growth	N/A	xxx
PE Ratio	9.3	xxx
Dividend Yield	3.2%	xxx
Div Pay Ratio(%)	29.9%	xxx

Title	FY27 Forecast	FY28 Forecast
EPS (cps)	40.9	xxx
DPS (cps)	12.2	xxx
EPS Growth	N/A	xxx
DPS Growth	N/A	xxx
PE Ratio	9.7	xxx
Dividend Yield	3.1%	xxx
Div Pay Ratio(%)	29.9%	xxx

Title	FY25 Actual	FY26 Actual	FY27 Forecast	FY28 Forecast
EPS (cps)	xxx	32.0	40.1	xxx
DPS (cps)	xxx	12.0	12.0	xxx
EPS Growth	xxx	18.5%	25.3%	xxx
DPS Growth	xxx	- 40.0%	0.0%	xxx
Div Pay Ratio(%)	xxx	37.5%	29.9%	xxx

This company reports in CAD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 2.06%

Last ex-div: 11/06 - (franking ex-div 2.02c)

HISTORICAL DATA ARE ALL IN AUD

Copyright © 2026 FactSet UK Limited. All rights reserved

Title	2021	2022	2023	2024	2025	2026
EPS Basic	xxx	xxx	xxx	xxx	xxx	34.8
DPS All	xxx	xxx	xxx	xxx	xxx	13.0
Sales/Revenue	xxx	xxx	xxx	xxx	xxx	1,938.1 M
Book Value Per Share	xxx	xxx	xxx	xxx	xxx	301.0
Net Operating Cash Flow	xxx	xxx	xxx	xxx	xxx	477.4 M
Net Profit Margin	xxx	xxx	xxx	xxx	xxx	9.53 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title	2021	2022	2023	2024	2025	2026
Return on Capital Employed	xxx	xxx	xxx	xxx	xxx	11.53 %
Return on Invested Capital	xxx	xxx	xxx	xxx	xxx	7.25 %
Return on Assets	xxx	xxx	xxx	xxx	xxx	5.12 %
Return on Equity	xxx	xxx	xxx	xxx	xxx	11.53 %
Return on Total Capital	xxx	xxx	xxx	xxx	xxx	13.06 %
Free Cash Flow ex dividends	xxx	xxx	xxx	xxx	xxx	-72.4 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title	2021	2022	2023	2024	2025	2026
Short-Term Debt	xxx	xxx	xxx	xxx	xxx	68 M
Long Term Debt	xxx	xxx	xxx	xxx	xxx	1,063 M
Total Debt	xxx	xxx	xxx	xxx	xxx	1,130 M
Goodwill - Gross	xxx	xxx	xxx	xxx	xxx	-
Cash & Equivalents - Generic	xxx	xxx	xxx	xxx	xxx	311 M
Price To Book Value	xxx	xxx	xxx	xxx	xxx	1.75

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title	2021	2022	2023	2024	2025	2026
Capex	xxx	xxx	xxx	xxx	xxx	453.2 M
Capex % of Sales	xxx	xxx	xxx	xxx	xxx	23.39 %
Cost of Goods Sold	xxx	xxx	xxx	xxx	xxx	1,503 M
Selling, General & Admin. Exp & Other	xxx	xxx	xxx	xxx	xxx	93 M
Research & Development	xxx	xxx	xxx	xxx	xxx	11 M
Investments - Total	xxx	xxx	xxx	xxx	xxx	110 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
EXTRA COVERAGE

EXPERT VIEWS

Display All Commentary

Sentiment Indicator

0.5

No. Of Recommendations

BROKER	DATE	RATING	RECOMMENDATION	TARGET PRICE	% TO REACH TARGET	COMMENTARY
Macquarie	xx/xx/xxxx	1	xxxxxxxxxx	$xx.xx	xx.xx%	Broker commentary and detailed analysis is available for Full Members Only. Login above or Get a Free Trial
Bell Potter	29/05/2026	3	Hold	$4.85	22.78%	Champion Iron's FY26 result was weaker than expected by Bell Potter, with softer realised prices and higher unit costs weighing on earnings. The broker also highlights a reduced final dividend, reflecting management's decision to preserve liquidity amid volatile macroeconomic conditions. The board recently revised its dividend framework and now targets payouts of 30%-40% of trailing six-month free cash flow (FCF). Bell Potter expects FCF to improve from FY27 as capital expenditure declines and Direct Reduction Pellet Feed (DRPF) production ramps up. The broker retains a Hold rating and lowers its target to $4.85 from $5.00. FORECAST Bell Potter forecasts a full year FY27 dividend of 17.90 cents and EPS of 51.91 cents. Bell Potter forecasts a full year FY28 dividend of 16.60 cents and EPS of 44.48 cents.

BROKER

DATE

RATING

RECOMMENDATION

TARGET PRICE

% TO REACH TARGET

COMMENTARY

Macquarie

xx/xx/xxxx

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Bell Potter

29/05/2026

Hold

$4.85

22.78%

Champion Iron's FY26 result was weaker than expected by Bell Potter, with softer realised prices and higher unit costs weighing on earnings.

The broker also highlights a reduced final dividend, reflecting management's decision to preserve liquidity amid volatile macroeconomic conditions.

The board recently revised its dividend framework and now targets payouts of 30%-40% of trailing six-month free cash flow (FCF).

Bell Potter expects FCF to improve from FY27 as capital expenditure declines and Direct Reduction Pellet Feed (DRPF) production ramps up.

The broker retains a Hold rating and lowers its target to $4.85 from $5.00.

FORECAST
Bell Potter forecasts a full year FY27 dividend of 17.90 cents and EPS of 51.91 cents.
Bell Potter forecasts a full year FY28 dividend of 16.60 cents and EPS of 44.48 cents.

Access Stockbroker Research History >

EXTRA COVERAGE

Display All Commentary

No. Of Recommendations

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER	DATE	RATING	RECOMMENDATION	TARGET PRICE	% TO REACH TARGET	COMMENTARY
Jarden	01/06/2026	3	Downgrade to Neutral from Overweight	$5.00	26.58%	Jarden downgrades Champion Iron to a Neutral rating with its target price reduced to $5.00 following a lower-than-expected dividend outcome and apparent deteriorating business conditions. A revised distribution framework based on trailing free cash flow metrics has been introduced to preserve liquidity amid rising operational costs. Unit operating costs increased during the final quarter due to higher fuel and land transport dynamics, with seaborne freight inflation providing a further drag on earnings. Imminent sales of high-grade product from the direct reduction pellet feed expansion project will begin in the upcoming quarter. Forward EBITDA projections are lowered by -20% for FY27, though the underlying strategy of increasing premium iron ore product exposure remains intact, the broker highlights. FORECAST Jarden forecasts a full year FY27 dividend of 15.92 cents and EPS of 21.55 cents. Jarden forecasts a full year FY28 dividend of 14.86 cents and EPS of 26.86 cents.

BROKER

DATE

RATING

RECOMMENDATION

TARGET PRICE

% TO REACH TARGET

COMMENTARY

Jarden

01/06/2026

Downgrade to Neutral from Overweight

$5.00

26.58%

Jarden downgrades Champion Iron to a Neutral rating with its target price reduced to $5.00 following a lower-than-expected dividend outcome and apparent deteriorating business conditions.

A revised distribution framework based on trailing free cash flow metrics has been introduced to preserve liquidity amid rising operational costs.

Unit operating costs increased during the final quarter due to higher fuel and land transport dynamics, with seaborne freight inflation providing a further drag on earnings.

Imminent sales of high-grade product from the direct reduction pellet feed expansion project will begin in the upcoming quarter.

Forward EBITDA projections are lowered by -20% for FY27, though the underlying strategy of increasing premium iron ore product exposure remains intact, the broker highlights.

FORECAST
Jarden forecasts a full year FY27 dividend of 15.92 cents and EPS of 21.55 cents.
Jarden forecasts a full year FY28 dividend of 14.86 cents and EPS of 26.86 cents.

Access Extra Coverage Research History >

CIA STOCK CHART

FNArena News on CIA

1	Rudi’s View: July’s Stock Pickers’ Favourites Jul 09 2026 - Rudi's View

2	Material Matters: Gold, Copper, Mining Picks Jun 16 2026 - Commodities

3	In Case You Missed It – BC Extra Upgrades & Downgrades – 05-06-26 Jun 05 2026 - Weekly Reports

4	Rudi’s View: Tech Is Back (Ahead Of Tax Loss Selling) Jun 03 2026 - Rudi's View

5	FNArena Corporate Results Monitor – 01-06-2026 Jun 01 2026 - Australia

Latest Iron Ore News

1	Breakout Opportunity In Mineral Resources Apr 14 2026 - Technicals

2	Fortescue Shares Finding Technical Support Nov 18 2025 - Technicals

3	Risk Has Shifted To More Upside For MinRes Oct 16 2025 - Technicals

4	Mineral Resources Shares Targeting $45 Sep 10 2025 - Technicals

5	Can Champion Iron Deliver On Growth Projects? Aug 06 2025 - Commodities

6	Execution Remains Key For Mineral Resources Aug 01 2025 - Commodities

7	Iron Ore Worries Overshadow Fortescue’s FY26 Jul 28 2025 - Australia

8	Bargain Hunters Interest For Champion Iron? May 08 2025 - Technicals

9	Positive Reversal For Fortescue May 06 2025 - Technicals

10	Fortescue: Quo Vadis The Dividend? Feb 24 2025 - Commodities

Dividend Yield Today On Last Actual Payout :	3.08
Estimated Dividend Growth (Average Of Past Three Years)	%
Amount Invested	$
Tell Me The Dividend After This Many Years

	Yield	Yield on investment
This Year
Year 1
Year 2
Year 3
Year 4
Year

Get 2 Weeks free trial

Sign Up

Member Login

CHAMPION IRON LIMITED (CIA)
Share Price Analysis and Chart