TSE:LIF - Labrador Iron Ore Royalty Stock Price, News, & Analysis

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C$32.64 -0.33 (-1.00 %)
(As of 02/21/2019 04:00 PM ET)
Previous CloseC$32.97
Today's RangeC$32.28 - C$32.99
52-Week RangeC$20.44 - C$33.81
Volume223,396 shs
Average Volume245,385 shs
Market CapitalizationC$2.09 billion
P/E Ratio16.98
Dividend Yield3.03%
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 near Labrador City, Newfoundland and Labrador. IOC engages in the production and sale of iron ore pellets and concentrates in North America, Europe, the Middle East, and the Asia-Pacific region. 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 was founded in 1995 and is based in Toronto, Canada.

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Industry, Sector and Symbol

Industry Steel & Iron
SectorBasic Materials



Sales & Book Value

Annual SalesC$124.34 million
Cash FlowC$0.95 per share
Book ValueC$9.16 per share



Market CapC$2.09 billion
Next Earnings Date3/14/2019 (Estimated)
OptionableNot Optionable

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

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

Labrador Iron Ore Royalty declared a quarterly dividend on Friday, December 14th. Stockholders of record on Monday, December 31st will be given a dividend of 0.25 per share on Friday, January 25th. This represents a $1.00 annualized dividend and a dividend yield of 3.06%. The ex-dividend date of this dividend is Friday, December 28th. View Labrador Iron Ore Royalty's Dividend History.

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

Labrador Iron Ore Royalty is scheduled to release their next quarterly earnings announcement on Thursday, March 14th 2019. View Earnings Estimates for Labrador Iron Ore Royalty.

What price target have analysts set for LIF?

1 brokers have issued 1 year target prices for Labrador Iron Ore Royalty's stock. Their forecasts range from C$24.00 to C$30.00. On average, they expect Labrador Iron Ore Royalty's stock price to reach C$28.00 in the next year. This suggests that the stock has a possible downside of 14.2%. View Analyst Price Targets for Labrador Iron Ore Royalty.

What is the consensus analysts' recommendation for Labrador Iron Ore Royalty?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Labrador Iron Ore Royalty in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Labrador Iron Ore Royalty.

Has Labrador Iron Ore Royalty been receiving favorable news coverage?

Headlines about LIF stock have trended somewhat positive recently, according to InfoTrie. The research firm ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Labrador Iron Ore Royalty earned a coverage optimism score of 0.6 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days.

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 Teck Resources (TECK.B), Canadian National Railway (CNR), First Quantum Minerals (FM), Toronto-Dominion Bank (TD), Goldcorp (G), Semafo (SMF), Altagas (ALA), Air Canada (AC), National Bank of Canada (NA) and Cenovus Energy (CVE).

Who are Labrador Iron Ore Royalty's key executives?

Labrador Iron Ore Royalty's management team includes the folowing people:
  • Mr. William Hugh McNeil, Pres, CEO & Director
  • Mr. Alan Richard Thomas, Chief Financial Officer (Age 76)
  • Ms. Sandra L. Rosch, Exec. VP & Director
  • Mr. James C. McCartney B.Com., LLB, Exec. VP, Sec. & Director (Age 81)

How do I buy shares of Labrador Iron Ore Royalty?

Shares of LIF and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

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

One share of LIF stock can currently be purchased for approximately C$32.64.

How big of a company is Labrador Iron Ore Royalty?

Labrador Iron Ore Royalty has a market capitalization of C$2.09 billion and generates C$124.34 million in revenue each year.

What is Labrador Iron Ore Royalty's official website?

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

How can I contact Labrador Iron Ore Royalty?

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

MarketBeat Community Rating for Labrador Iron Ore Royalty (TSE LIF)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  232 (Vote Outperform)
Underperform Votes:  249 (Vote Underperform)
Total Votes:  481
MarketBeat's community ratings are surveys of what our community members think about Labrador Iron Ore Royalty and other stocks. Vote "Outperform" if you believe LIF will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LIF will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/21/2019 by MarketBeat.com Staff

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