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DOW   31,270.09
QQQ   309.16
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DOW   31,270.09
QQQ   309.16
S&P 500   3,819.72
DOW   31,270.09
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TSE:LIF

Labrador Iron Ore Royalty Stock Forecast, Price & News

C$38.93
+0.33 (+0.85 %)
(As of 03/3/2021 12:00 AM ET)
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Today's Range
C$38.09
Now: C$38.93
C$39.40
50-Day Range
C$31.26
MA: C$34.19
C$38.60
52-Week Range
C$13.25
Now: C$38.93
C$39.40
Volume335,787 shs
Average Volume269,253 shs
Market CapitalizationC$2.49 billion
P/E Ratio12.44
Dividend Yield6.61%
BetaN/A
Labrador Iron Ore Royalty Corporation, together with its subsidiary, Hollinger-Hanna Limited, owns a 15.10% equity interest in Iron Ore Company of Canada (IOC) that operates an iron mine at Labrador City, Newfoundland and Labrador. IOC produces seaborne iron ore pellets; and produces and processes iron ore concentrate and 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. Labrador Iron Ore Royalty Corporation is based in Toronto, Canada.
Labrador Iron Ore Royalty logo

Headlines

Top Steel Stocks for Q1 2021
December 10, 2020 |  finance.yahoo.com
Labrador Iron Ore Royalty Crp.R (L9O.SG)
October 10, 2020 |  au.finance.yahoo.com
LIFZF Labrador Iron Ore Royalty Corp
May 23, 2020 |  www.nasdaq.com
Labrador Iron Ore Royalty Corporation - IOC Update
April 2, 2020 |  finance.yahoo.com
Labrador Iron Ore Royalty Corporation (LIF.TO)
March 5, 2020 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry Steel & Iron
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone416-863-7133
EmployeesN/A
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$186.86 million
Cash FlowC$0.31 per share
Book ValueC$9.47 per share

Profitability

Miscellaneous

Market CapC$2.49 billion
Next Earnings Date3/4/2021 (Confirmed)
OptionableNot Optionable

MarketRank

Overall MarketRank

1.65 out of 5 stars

Analyst Opinion: 2.5Community Rank: 2.0Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -
C$38.93
+0.33 (+0.85 %)
(As of 03/3/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Labrador Iron Ore Royalty (TSE:LIF) Frequently Asked Questions

Is Labrador Iron Ore Royalty a buy right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Labrador Iron Ore Royalty in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Labrador Iron Ore Royalty stock.
View analyst ratings for Labrador Iron Ore Royalty
or view top-rated stocks.

What stocks does MarketBeat like better than Labrador Iron Ore Royalty?

Wall Street analysts have given Labrador Iron Ore Royalty a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Labrador Iron Ore Royalty wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Labrador Iron Ore Royalty's next earnings date?

Labrador Iron Ore Royalty is scheduled to release its next quarterly earnings announcement on Thursday, March 4th 2021.
View our earnings forecast for Labrador Iron Ore Royalty
.

How has Labrador Iron Ore Royalty's stock been impacted by Coronavirus (COVID-19)?

Labrador Iron Ore Royalty's stock was trading at C$15.01 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, LIF shares have increased by 159.4% and is now trading at C$38.93.
View which stocks have been most impacted by COVID-19
.

How often does Labrador Iron Ore Royalty pay dividends? What is the dividend yield for Labrador Iron Ore Royalty?

Labrador Iron Ore Royalty announced a quarterly dividend on Tuesday, December 15th. Shareholders of record on Thursday, December 31st will be given a dividend of 1.80 per share on Tuesday, January 26th. This represents a $7.20 dividend on an annualized basis and a yield of 18.49%. The ex-dividend date is Wednesday, December 30th. This is a boost from Labrador Iron Ore Royalty's previous quarterly dividend of C$0.25.
View Labrador Iron Ore Royalty's dividend history
.

Is Labrador Iron Ore Royalty a good dividend stock?

Labrador Iron Ore Royalty pays an annual dividend of C$1.00 per share and currently has a dividend yield of 6.61%. LIF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Labrador Iron Ore Royalty is 31.96%. This payout ratio is at a healthy, sustainable level, below 75%.
View Labrador Iron Ore Royalty's dividend history.

What price target have analysts set for LIF?

5 Wall Street analysts have issued 12 month target prices for Labrador Iron Ore Royalty's stock. Their forecasts range from C$29.00 to C$40.00. On average, they expect Labrador Iron Ore Royalty's stock price to reach C$37.14 in the next twelve months. This suggests that the stock has a possible downside of 4.6%.
View analysts' price targets for Labrador Iron Ore Royalty
or view top-rated stocks among Wall Street analysts.

Who are Labrador Iron Ore Royalty's key executives?

Labrador Iron Ore Royalty's management team includes the following people:
  • Mr. John F. Tuer, Pres, CEO & Director
  • Mr. Alan Richard Thomas, Chief Financial Officer (Age 78, Pay $172.5k)
  • Mr. James C. McCartney B.Com., LLB, Exec. VP (Age 83, Pay $206.25k)
  • Ms. Sandra L. Rosch, Exec. VP & Director
  • Robert O. Hansen, Sec.

Who are some of Labrador Iron Ore Royalty's key competitors?

What other stocks do shareholders of Labrador Iron Ore Royalty own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Labrador Iron Ore Royalty investors own include Bombardier, Inc. Class B (BBD.B), Canadian National Railway (CNR), The Toronto-Dominion Bank (TD.TO) (TD), Suncor Energy Inc. (SU.TO) (SU), Teck Resources (TECK.B), AltaGas (ALA), CGI (GIB.A), Royal Bank of Canada (RY), Semafo (SMF) and Air Canada (AC.TO) (AC).

What is Labrador Iron Ore Royalty's stock symbol?

Labrador Iron Ore Royalty trades on the Toronto Stock Exchange (TSX) under the ticker symbol "LIF."

How do I buy shares of Labrador Iron Ore Royalty?

Shares of LIF and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Labrador Iron Ore Royalty's stock price today?

One share of LIF stock can currently be purchased for approximately C$38.93.

How much money does Labrador Iron Ore Royalty make?

Labrador Iron Ore Royalty has a market capitalization of C$2.49 billion and generates C$186.86 million in revenue each year.

What is Labrador Iron Ore Royalty's official website?

The official website for Labrador Iron Ore Royalty is www.labradorironore.com.

How can I contact Labrador Iron Ore Royalty?

The company can be reached via phone at 416-863-7133.


This page was last updated on 3/4/2021 by MarketBeat.com Staff

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