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Champion Iron Ltd. (AU:CIA)
ASX:CIA
Earnings Data
Report Date
May 27, 2026Before Open (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
0.09Last Year’s EPS
0.09Same Quarter Last Year
Strong Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents predominantly positive operational and strategic progress: production and sales volumes were strong, cash costs declined to below $74/tonne, financials (revenues $470M, EBITDA $150M, net income $65M) are solid, liquidity is robust (~$1.1B including working capital), the DRPF project is near commissioning with first tonnes expected H1 and ramp to nameplate over ~12 months, and a fully financed acquisition (Rana Gruber) strengthens European access and adds ~2Mt. Near-term headwinds are manageable: a short ship-loader outage, elevated port inventories that will take ~2 quarters to destage, rail/winter logistics constraints, provisional price adjustments causing a slight QoQ EBITDA dip, and trial discounts expected on initial DRPF cargoes. Overall, the positives (operational improvements, project progress, financing/strategic M&A and liquidity) outweigh the contained near-term challenges.Company Guidance
Strong Production and Sales Volumes
Quarterly concentrate production ~3.7 million tonnes and sales just shy of 3.9 million tonnes, with ~2.5 million tonnes in transit at period end.
Improved Cash Costs
Cash cost delivered in the vessel reduced to just below $74 per tonne, continuing a downward trend driven by higher recoveries, steady production and no major shutdowns during the quarter.
Solid Financial Results
Revenues of approximately $470 million, EBITDA of $150 million and net income of $65 million for the quarter.
Realized Price and Price Adjustments
Net realized selling price approximately CAD 121/tonne; provisional price adjustment for the quarter was USD 3.3 million (~$0.80/ton on 3.9 million tonnes). P65 index averaged USD 118/tonne (≈+1% QoQ).
Healthy Liquidity Position
Cash on hand roughly $245 million as of Dec 31; combined cash, cash equivalents, working capital and available liquidities approximately $1.1 billion, positioned to support growth initiatives.
Stockpile and Inventory Optimization
Reduced mine stockpile by ~1.1 million tonnes QoQ to ~600,000 tonnes; port inventories increased to ~900,000 tonnes (intended staging closer to vessels rather than on-site stockpiles).
DRPF Project Nearing Completion
DRPF equipment installed and commissioning underway; on track to deliver first DRPF tonnes and first vessel in H1 (commercial ramp-up expected over ~12 months to nameplate capacity).
Strategic Acquisition Fully Financed
Entered agreement to acquire Rana Gruber (Norway) — transaction fully financed: ~USD 39M cash, USD 100M support from La Caisse, and a fully underwritten USD 150M Scotiabank term loan; adds ~2 million tonnes and stronger access to European customers.
Ongoing Growth Projects and Resource Base
Kami project feasibility and permitting on schedule (FS and potential construction permit planned by year-end); >5 billion tonnes of resources south of Bloom Lake supporting medium/long-term optionality.
AU:CIA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AU:CIA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 28, 2026 | AU$6.34 | AU$6.07 | -4.26% |
Oct 29, 2025 | AU$4.85 | AU$5.33 | +9.90% |
Jul 29, 2025 | AU$4.76 | AU$4.70 | -1.24% |
May 28, 2025 | AU$4.06 | AU$4.08 | +0.47% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Champion Iron Ltd. (AU:CIA) report earnings?
Champion Iron Ltd. (AU:CIA) is schdueled to report earning on May 27, 2026, Before Open (Confirmed).
What is Champion Iron Ltd. (AU:CIA) earnings time?
Champion Iron Ltd. (AU:CIA) earnings time is at May 27, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Champion Iron Ltd. stock?
The P/E ratio of Champion Iron is N/A.
What is AU:CIA EPS forecast?
AU:CIA EPS forecast for the fiscal quarter 2026 (Q4) is 0.09.