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OTCMKTS:LIFZF

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

$22.69
-0.48 (-2.07%)
(As of 09/20/2024 ET)

About Labrador Iron Ore Royalty Stock (OTCMKTS:LIFZF)

Key Stats

Today's Range
$22.69
$23.09
50-Day Range
$21.19
$23.17
52-Week Range
$20.53
$26.04
Volume
3,081 shs
Average Volume
7,034 shs
Market Capitalization
N/A
P/E Ratio
9.57
Dividend Yield
2.20%
Price Target
N/A
Consensus Rating
N/A

Company Overview

Labrador Iron Ore Royalty Corporation, through its subsidiary, Hollinger-Hanna Limited, holds a 15.10% equity interest in Iron Ore Company of Canada (IOC) that produces and processes iron ores at Labrador City, Newfoundland and Labrador. Its primary products include standard and low silica acid, flux, and direct reduction pellets; iron ore concentrate; and seaborne iron ore pellets. The company was formerly known as Labrador Iron Ore Royalty Income Fund and changed its name to Labrador Iron Ore Royalty Corporation in July 2010. The company is based in Toronto, Canada.

Labrador Iron Ore Royalty Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 3rd Percentile

Labrador Iron Ore Royalty scored higher than 3% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Labrador Iron Ore Royalty is 9.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.66.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Labrador Iron Ore Royalty is 9.57, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 124.66.

  • Percentage of Shares Shorted

  • Short Interest Ratio / Days to Cover

    Labrador Iron Ore Royalty has a short interest ratio ("days to cover") of 123.6, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Labrador Iron Ore Royalty has recently increased by 56.63%, indicating that investor sentiment is decreasing significantly.
  • 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%.

  • Read more about Labrador Iron Ore Royalty's dividend.
  • Percentage of Shares Shorted

  • Short Interest Ratio / Days to Cover

    Labrador Iron Ore Royalty has a short interest ratio ("days to cover") of 123.6, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Labrador Iron Ore Royalty has recently increased by 56.63%, indicating that investor sentiment is decreasing significantly.
  • Search Interest

    1 people have searched for LIFZF on MarketBeat in the last 30 days.
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LIFZF Stock News Headlines

IOC Restarting Operations in Labrador City
The election trade you can't lose
Politics is an unpredictable game. But no matter what happens in the next few months... There's one thing that can't be stopped by anything: Dividends.
Labrador Iron: 8.5% Yield And How We Would Play It
Labrador Iron Ore Royalty Corporation (LIFZF)
See More Headlines

LIFZF Stock Analysis - Frequently Asked Questions

Labrador Iron Ore Royalty's stock was trading at $24.0375 at the beginning of 2024. Since then, LIFZF stock has decreased by 5.6% and is now trading at $22.69.
View the best growth stocks for 2024 here
.

Shares of LIFZF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Industry, Sector and Symbol

Industry
Steel
Sub-Industry
N/A
Current Symbol
OTCMKTS:LIFZF
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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This page (OTCMKTS:LIFZF) was last updated on 9/20/2024 by MarketBeat.com Staff
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