Labrador Iron Ore Royalty Corporation (TSX: LIF)
Canada
· Delayed Price · Currency is CAD | Market Cap | 1.86B |
| Revenue (ttm) | 205.51M |
| Net Income (ttm) | 194.56M |
| Shares Out | 64.00M |
| EPS (ttm) | 3.04 |
| PE Ratio | 9.58 |
| Forward PE | 8.41 |
| Dividend | 2.55 (8.75%) |
| Ex-Dividend Date | Dec 31, 2024 |
| Volume | 192,289 |
| Open | 28.80 |
| Previous Close | 28.83 |
| Day's Range | 28.67 - 29.35 |
| 52-Week Range | 28.48 - 33.97 |
| Beta | 1.10 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Mar 11, 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 (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 b... [Read more]
Financial Performance
In 2023, Labrador Iron Ore Royalty's revenue was 200.17 million, a decrease of -13.84% compared to the previous year's 232.32 million. Earnings were 186.31 million, a decrease of -29.81%.
Financial StatementsNews
Labrador Iron Ore Royalty raises dividend by 7% to CAD 0.75
Labrador Iron Ore Royalty reports Q2 results
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. ...
Labrador Iron Ore Royalty raises dividend by 144% to CAD 1.10 a share
Labrador Iron Ore Royalty GAAP EPS of C$0.93, revenue of C$56.66M
Labrador Iron Ore Royalty (LIFZF) reports Q1 GAAP EPS of C$0.93, with revenue reaching C$56.66M, marking a significant 20.0% YoY increase.
Labrador Iron Ore Royalty GAAP EPS of C$0.80, revenue of C$54.9M; initiates FY24 outlook
Labrador Iron Ore Royalty declares CAD 0.45 dividend
Adjusting to Market Challenges: Labrador Iron Ore Royalty Responds to Uncertain Conditions with Dividend and Earnings Adjustments
On January 26, 2024, Labrador Iron Ore Royalty (TSX: LIF) will distribute a dividend payout of $0.45 per share, equating to an annualized dividend yield of 5.66%. Shareholders who owned the stock bef...
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 ...
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...
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...
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.
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.
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.