Labrador Iron Mines (LBRMF) Stock Price, News & Analysis

Company Overview

Labrador Iron Mines (OTCMKTS:LBRMF) is a Canadian exploration and development company engaged in the production of direct-shipping iron ore within the Labrador Trough region of northeastern Canada. The company focuses on advancing multiple iron ore deposits located near Schefferville, straddling the border of Labrador and Quebec. Its core activities encompass resource delineation, mine development, ore processing, and shipment logistics tailored to feed steelmaking mills worldwide.

The company’s flagship assets include the James, Redmond, Houston, HBJ, and Carol deposits, which historically delivered high-quality hematite suitable for direct shipment without extensive beneficiation. Labrador Iron Mines has conducted extensive drilling programs and bulk sampling to validate resource estimates and optimize its mining plans. Through seasonal open-pit operations and modular processing facilities, the company aims to achieve reliable production rates and efficient product handling.

Headquartered in Toronto, Labrador Iron Mines operates under a management team experienced in mining development, project financing, and logistics coordination. The company’s strategy centers on scaling up its production footprint in the Labrador Trough while exploring adjacent targets for resource expansion. By leveraging existing railway infrastructure and port access along Canada’s Atlantic coast, it seeks to deliver competitively priced iron ore to global markets and support regional economic development initiatives.

Key Stats

• Today's Range: $0.0060 to $0.0120
• 50-Day Range: $0.00 to $0.02
• 52-Week Range: $0.00 to $0.09
• Volume: 1,700 shs
• Average Volume: 6,054 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:LBRMF
• CIK: N/A
• Web: www.labradorironmines.ca
• Phone: 647-728-4117
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A