Labrador Iron Ore Royalty Corporation (TSX: LIF)

Market Cap	1.91B
Revenue (ttm)	200.17M
Net Income (ttm)	186.31M
Shares Out	64.00M
EPS (ttm)	2.90
PE Ratio	10.25
Forward PE	9.31
Dividend	2.50 (8.38%)
Ex-Dividend Date	Mar 27, 2024

Volume	134,412
Open	29.84
Previous Close	29.57
Day's Range	29.66 - 29.89
52-Week Range	27.04 - 34.18
Beta	1.12
Analysts	n/a
Price Target	33.33 (+11.7%)
Earnings Date	May 8, 2024

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...

• Industry: Steel
• Sector: Materials
• CEO: John F. Tuer
• Country: Canada
• Stock Exchange: Toronto Stock Exchange
• Ticker Symbol: LIF

Financial Performance

In 2023, LIF'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%.