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TSE:LIF

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

C$30.63
+0.30 (+0.99%)
(As of 07/26/2024 ET)
Today's Range
C$30.23
C$30.68
50-Day Range
C$28.80
C$30.96
52-Week Range
C$28.48
C$34.18
Volume
105,410 shs
Average Volume
183,637 shs
Market Capitalization
C$1.96 billion
P/E Ratio
9.69
Dividend Yield
8.16%
Price Target
C$32.67

Labrador Iron Ore Royalty MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
6.6% Upside
C$32.67 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.13 out of 5 stars

LIF stock logo

About Labrador Iron Ore Royalty Stock (TSE:LIF)

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.

LIF Stock Price History

LIF Stock News Headlines

We’re in a code red crisis and 99% of Americans are clueless
Folks, it's 2024… Things that we used to rely on - are failing us. Take the phasing out of fossil fuels… Matched with the destruction of oil refineries around the world… And the outright failure of solar and wind technologies… But there is just one solution… And right now governments around the world are stockpiling this resource at the fastest rate in DECADES!
Labrador Iron Ore Royalty Corp LIFZF
We’re in a code red crisis and 99% of Americans are clueless
Folks, it's 2024… Things that we used to rely on - are failing us. Take the phasing out of fossil fuels… Matched with the destruction of oil refineries around the world… And the outright failure of solar and wind technologies… But there is just one solution… And right now governments around the world are stockpiling this resource at the fastest rate in DECADES!
Labrador Iron Ore Royalty Corp
See More Headlines
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Company Calendar

Last Earnings
5/08/2024
Ex-Dividend for 7/26 Dividend
6/28/2024
Today
7/26/2024
Dividend Payable
7/26/2024
Next Earnings (Estimated)
8/07/2024

Industry, Sector and Symbol

Industry
Steel
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$32.67
High Stock Price Target
C$35.00
Low Stock Price Target
C$30.00
Potential Upside/Downside
+6.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
C$202.07 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$209.68 million
Cash Flow
C$0.60 per share
Book Value
C$10.78 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.96 billion
Optionable
Not Optionable
Beta
1.10
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Key Executives

  • Mr. John F. Tuer (Age 59)
    President, CEO & Director
    Comp: $338.93k
  • Mr. Alan Richard Thomas (Age 81)
    Chief Financial Officer
    Comp: $183.42k
  • Ms. Sandra L. Rosch (Age 64)
    Executive VP & Director
    Comp: $183.42k
  • Robert O. Hansen
    Secretary

LIF Stock Analysis - Frequently Asked Questions

How have LIF shares performed this year?

Labrador Iron Ore Royalty's stock was trading at C$31.90 at the start of the year. Since then, LIF shares have decreased by 4.0% and is now trading at C$30.63.
View the best growth stocks for 2024 here
.

How were Labrador Iron Ore Royalty's earnings last quarter?

Labrador Iron Ore Royalty Co. (TSE:LIF) issued its earnings results on Wednesday, May, 8th. The company reported $0.93 earnings per share for the quarter. The firm earned $56.66 million during the quarter. Labrador Iron Ore Royalty had a trailing twelve-month return on equity of 30.18% and a net margin of 96.37%.

How do I buy shares of Labrador Iron Ore Royalty?

Shares of LIF stock 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 other stocks do shareholders of Labrador Iron Ore Royalty own?

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

This page (TSE:LIF) was last updated on 7/26/2024 by MarketBeat.com Staff

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