Labrador Iron Ore Royalty Corporation (LIFZF)

OTCMKTS · Delayed Price · Currency is USD
21.25
+0.18 (0.85%)
Apr 28, 2025, 3:58 PM EDT
-4.74%
Market Cap 1.36B
Revenue (ttm) 144.22M
Net Income (ttm) 121.65M
Shares Out n/a
EPS (ttm) 1.90
PE Ratio 11.17
Forward PE n/a
Dividend 2.16 (10.21%)
Ex-Dividend Date Mar 31, 2025
Volume 3,189
Average Volume 19,404
Open 21.18
Previous Close 21.07
Day's Range 21.16 - 21.25
52-Week Range 17.05 - 25.13
Beta 1.12
RSI 61.48
Earnings Date May 7, 2025

About Labrador Iron Ore Royalty

Labrador Iron Ore Royalty Corporation, through its subsidiary, Hollinger-Hanna Limited, holds a 15.10% equity interest in Iron Ore Company of Canada that produces and processes iron ores in Canada. The company offers standard and low silica acid, low silica flux, and direct reduction pellets; iron ore concentrates; and seaborne iron ore pellets. It also operates an iron mine, concentrator, and pellet plant at Labrador City, Newfoundland, and Labrador. The company was formerly known as Labrador Iron Ore Royalty Income Fund. Labrador Iron Ore Roy... [Read more]

Industry Steel
Sector Materials
Founded 2010
Employees 3
Stock Exchange OTCMKTS
Ticker Symbol LIFZF
Full Company Profile

Financial Performance

In 2024, Labrador Iron Ore Royalty's revenue was 207.51 million, an increase of 3.67% compared to the previous year's 200.17 million. Earnings were 175.04 million, a decrease of -6.05%.

Financial numbers in CAD Financial Statements

News

Labrador Iron: Reviewing Our 19% Yield Options Trade

Labrador Iron Ore Royalty Corporation Q1-2024 results showed increased revenues and income despite weakening commodity price. We examine the reason for that and go over the fundamentals for iron ore. ...

10 months ago - Seeking Alpha

Deluxe Bonds And Dividend Traps

Deluxe bonds can play a useful role in your portfolio, but dividend traps can seriously hurt your retirement. A dividend trap is a stock that has nothing to offer besides its yield. Having high-yield ...

1 year ago - Seeking Alpha

Unlocking Opportunity: Labrador Iron Ore Royalty Offers 8.6% Yield And Multiyear Growth Potential

Labrador Iron Ore Royalty has been consolidating for the past two years. Is the investment thesis of this royalty firm, as a high-yield dividend payer, still valid? Is it time to pounce on Labrador Ir...

1 year ago - Seeking Alpha

Labrador Iron Ore: Low Downside Risk With Production And Pricing Upside On High Grade Iron Ore Royalty

Labrador Iron Ore Royalty Corporation (LIORC) currently trades at around a 10% trailing free cashflow yield, making it undervalued. Its stock price has upside from both possible higher prices and incr...

2 years ago - Seeking Alpha

Labrador Iron Ore: More Dividend Cuts In Store For 2023

On our last coverage, we passed on purchasing Labrador Iron Ore Royalty Corporation. The stock has gone lower and the dividend got cut.

2 years ago - Seeking Alpha

Labrador Iron: Royalty Play With 8% Yield, What's Not To Like?

Labrador Iron has produced amazing results, beating BHP and Rio Tinto since the beginning of 2020. The current yield is solid and the weak Canadian dollar has helped the company.

2 years ago - Seeking Alpha

Labrador Iron Ore: 12.87% Yield Likely To Decline, Still Attractive

Labrador Iron Ore Royalty Corporation owns a 7% iron ore royalty interest in Iron Ore Company of Canada. Iron ore prices are likely to decline as Fed policy pressures the economy.

2 years ago - Seeking Alpha