Labrador Iron Ore Royalty (LIFZF) Stock Price, News & Analysis

Company Overview

Labrador Iron Ore Royalty Corporation is a Canadian resource company focused on receiving royalty and other income from iron ore production in Labrador and Newfoundland. Rather than operating a mining business directly, the company holds interests connected to Iron Ore Company of Canada (IOC), a major producer of iron ore concentrate and iron ore pellets.

LIORC owns a 15.10% equity interest in IOC and receives a 7% gross overriding royalty on IOC’s sales of iron ore products, as well as certain additional revenue interests. IOC operates mining, processing and transportation facilities in the Labrador City area of Newfoundland and Labrador, with products shipped to international steel markets.

The company’s interests are rooted in the development of the Labrador Trough, one of North America’s significant iron ore-producing regions. Labrador Iron Ore Royalty Corporation is based in Canada and is structured primarily to provide shareholders with exposure to IOC’s iron ore operations through royalties, equity distributions and related income.

Key Stats

• Today's Range: $15.37 to $16.00
• 50-Day Range: $14.23 to $19.25
• 52-Week Range: $14.10 to $23.29
• Volume: 18,968 shs
• Average Volume: 25,872 shs
• Market Capitalization: N/A
• P/E Ratio: 6.48
• Dividend Yield: 3.25%
• Price Target: N/A
• Consensus Rating: N/A

Labrador Iron Ore Royalty Stock Analysis - MarketRank™

Labrador Iron Ore Royalty scored higher than 14% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Labrador Iron Ore Royalty.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Labrador Iron Ore Royalty is 6.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.03.

Price to Earnings Ratio vs. Sector

The P/E ratio of Labrador Iron Ore Royalty is 6.48, which means that it is trading at a less expensive P/E ratio than the Materials sector average P/E ratio of about 27.49.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Labrador Iron Ore Royalty has a short interest ratio ("days to cover") of 39.07, which indicates bearish sentiment.

Change versus previous month

Short interest in Labrador Iron Ore Royalty has recently decreased by 20.59%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Labrador Iron Ore Royalty pays a meaningful dividend of 3.26%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Labrador Iron Ore Royalty does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Labrador Iron Ore Royalty is 21.10%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Labrador Iron Ore Royalty this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.4 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Labrador Iron Ore Royalty insiders have not sold or bought any company stock.

Percentage Held by Institutions

32.37% of the stock of Labrador Iron Ore Royalty is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Materials
• Industry: Metals & Mining
• Sub-Industry: Steel
• Current Symbol: OTCMKTS:LIFZF
• CIK: N/A
• Web: www.labradorironore.com
• Phone: (416) 362-0066
• Fax: N/A
• Employees: 4
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 6.48
• 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