
Labrador Iron Ore Royalty Co. (TSE:LIF - Free Report) - Equities research analysts at Scotiabank cut their FY2025 earnings per share estimates for shares of Labrador Iron Ore Royalty in a report released on Tuesday, July 15th. Scotiabank analyst O. Wowkodaw now anticipates that the company will earn $2.14 per share for the year, down from their prior forecast of $2.33. The consensus estimate for Labrador Iron Ore Royalty's current full-year earnings is $3.74 per share. Scotiabank also issued estimates for Labrador Iron Ore Royalty's FY2025 earnings at $2.14 EPS, FY2026 earnings at $2.32 EPS and FY2026 earnings at $2.32 EPS.
Labrador Iron Ore Royalty Stock Up 2.6%
TSE LIF traded up C$0.71 on Friday, reaching C$28.11. 139,369 shares of the stock traded hands, compared to its average volume of 239,762. The firm's fifty day simple moving average is C$28.40 and its 200 day simple moving average is C$29.18. The company has a market cap of C$1.81 billion, a price-to-earnings ratio of 9.21, a P/E/G ratio of 0.94 and a beta of 1.10. Labrador Iron Ore Royalty has a 12 month low of C$25.85 and a 12 month high of C$33.97.
Labrador Iron Ore Royalty Company Profile
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Labrador Iron Ore Royalty Corporation is a Canadian corporation. The company generates all of its revenue from its equity investment in Iron Ore Company of Canada, (IOC) and its IOC royalty and commission interests. IOC operates a major iron mine near Labrador City, Newfoundland, and Labrador on lands leased from LIORC.
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