Declared Dividend • Jun 19
First quarter dividend of CA$0.30 announced Shareholders will receive a dividend of CA$0.30. Ex-date: 30th June 2026 Payment date: 29th July 2026 Dividend yield will be 4.8%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio) nor is it covered by cash flows (104% cash payout ratio). The dividend has increased by an average of 3.5% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 3.1% to bring the payout ratio under control. EPS is expected to grow by 66% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Ankündigung • Jun 17
Labrador Iron Ore Royalty Corporation Declares Second Quarter Cash Dividend, Payable on July 29, 2026 The Directors of Labrador Iron Ore Royalty Corporation declared a quarterly cash dividend of $0.30 per Common Share. The dividend is payable to holders of record at the close of business on June 30, 2026 and is to be paid on July 29, 2026. Buy Or Sell Opportunity • Jun 15
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 1.4% to CA$28.81. The fair value is estimated to be CA$23.53, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.2% over the last 3 years. Earnings per share has declined by 28%. Revenue is forecast to decline by 1.1% in a year. Earnings are forecast to grow by 53% in the next year. Ankündigung • Jun 02
Labrador Iron Ore Royalty Corporation Announces Board and Committee Changes, Effective June 30, 2026 Labrador Iron Ore Royalty Corporation announced changes to its Board of Directors and Committee leadership, effective June 30, 2026. William H. McNeil has advised the Board of his decision to resign as Chair of the Board and as a Director. Douglas F. McCutcheon, a Director since 2020, has been appointed to succeed Mr. McNeil as Chair of the Board. The Corporation announced the appointment of Peter A. Ingram to the Board of Directors. Mr. Ingram brings over 35 years of senior experience to the Board, including significant expertise in mine engineering, project management, and financial analysis. In addition to his role as a Director, Mr. Ingram has been appointed to serve on the Audit Committee and the Governance and Human Resources Committee. The Board also announced that Dorothea E. Mell has been appointed Chair of the Governance and Human Resources Committee, succeeding Mark J. Fuller, who remains a member of the Board and the Governance and Human Resources Committee. Buy Or Sell Opportunity • May 28
Now 21% overvalued Over the last 90 days, the stock has fallen 7.7% to CA$28.81. The fair value is estimated to be CA$23.78, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.2% over the last 3 years. Earnings per share has declined by 28%. Revenue is forecast to decline by 1.1% in a year. Earnings are forecast to grow by 49% in the next year. Live-Nachrichten • May 08
Labrador Iron Ore Royalty Sees Q1 Royalty Revenue Fall After Mine Production Setbacks Labrador Iron Ore Royalty reported a 9% decline in royalty revenue in Q1 2026 compared with the prior quarter, tied to lower concentrate and pellet sales volumes.
Operational issues at Iron Ore Company of Canada, including reduced haul truck availability and machine reliability problems, affected production and weighed on royalty income.
Earnings per share came in at C$0.21 for the quarter, and management indicated that 2026 sales are expected to sit at the lower end of Rio Tinto’s guidance.
For you as an investor, the key takeaway is that LIF’s Q1 results were pressured more by mine-level operational constraints than by the royalty structure itself. Since the company’s income is directly linked to volumes and pricing from Iron Ore Company of Canada, disruptions such as equipment downtime can have a direct impact on quarterly royalty revenue and earnings.
Management’s comment that 2026 sales are expected near the lower end of Rio Tinto’s guidance frames expectations for the rest of the year. You may want to pay close attention to any updates from Iron Ore Company of Canada on equipment reliability, production rates and sales mix between concentrate and pellets, as these operational details can be important drivers for future payouts and overall cash generation. Reported Earnings • May 06
First quarter 2026 earnings released: EPS: CA$0.21 (vs CA$0.33 in 1Q 2025) First quarter 2026 results: EPS: CA$0.21 (down from CA$0.33 in 1Q 2025). Revenue: CA$35.7m (flat on 1Q 2025). Net income: CA$13.2m (down 38% from 1Q 2025). Profit margin: 37% (down from 60% in 1Q 2025). Revenue is forecast to grow 4.5% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Metals and Mining industry in Canada. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Major Estimate Revision • Apr 10
Consensus EPS estimates fall by 22% The consensus outlook for fiscal year 2026 has been updated. 2026 consensus EPS estimate fell from CA$2.40 to CA$1.87. Revenue forecast reaffirmed at CA$168.0m. Net income forecast to grow 14% next year vs 34% growth forecast for Metals and Mining industry in Canada. Consensus price target of CA$30.50 unchanged from last update. Share price was steady at CA$29.45 over the past week. Declared Dividend • Mar 16
Fourth quarter dividend reduced to CA$0.30 Dividend of CA$0.30 is 40% lower than last year. Ex-date: 31st March 2026 Payment date: 29th April 2026 Dividend yield will be 4.9%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio) nor is it covered by cash flows (102% cash payout ratio). The dividend has increased by an average of 1.4% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 9.6% to bring the payout ratio under control. EPS is expected to grow by 19% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Mar 12
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: CA$1.57 (down from CA$2.74 in FY 2024). Revenue: CA$166.5m (down 20% from FY 2024). Net income: CA$100.6m (down 43% from FY 2024). Profit margin: 60% (down from 84% in FY 2024). The decrease in margin was primarily driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 24%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Metals and Mining industry in Canada. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Ankündigung • Mar 03
Labrador Iron Ore Royalty Corporation, Annual General Meeting, May 13, 2026 Labrador Iron Ore Royalty Corporation, Annual General Meeting, May 13, 2026. Location: ontario, toronto Canada New Risk • Feb 03
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. Minor Risks Dividend is not well covered by earnings (114% payout ratio). Profit margins are more than 30% lower than last year (60% net profit margin). Major Estimate Revision • Jan 11
Consensus EPS estimates increase by 11% The consensus outlook for fiscal year 2025 has been updated. 2025 consensus EPS increased from CA$2.06 to CA$2.30. Revenues were reaffirmed at CA$165.0m. Net income forecast to grow 60% next year vs 42% growth forecast for Metals and Mining industry in Canada. Consensus price target of CA$30.70 unchanged from last update. Share price rose 5.4% to CA$30.87 over the past week. Declared Dividend • Dec 14
Third quarter dividend of CA$0.35 announced Shareholders will receive a dividend of CA$0.35. Ex-date: 31st December 2025 Payment date: 28th December 2026 Dividend yield will be 5.1%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is not covered by earnings (114% earnings payout ratio) nor is it covered by cash flows (157% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 26% to bring the payout ratio under control. EPS is expected to grow by 23% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Ankündigung • Dec 13
Labrador Iron Ore Royalty Corporation Announces Cash Dividend for the fourth Quarter of 2025, Payable on January 28, 2026 The Directors of Labrador Iron Ore Royalty Corporation declared a quarterly cash dividend of $0.35 per Common Share. The dividend is payable to holders of record at the close of business on December 31, 2025 and is to be paid on January 28, 2026. Reported Earnings • Nov 06
Third quarter 2025 earnings released: EPS: CA$0.47 (vs CA$0.53 in 3Q 2024) Third quarter 2025 results: EPS: CA$0.47 (down from CA$0.53 in 3Q 2024). Revenue: CA$44.0m (up 5.0% from 3Q 2024). Net income: CA$30.4m (down 9.4% from 3Q 2024). Profit margin: 69% (down from 80% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Metals and Mining industry in Canada. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Ankündigung • Oct 29
Labrador Iron Ore Royalty Corporation Announces CFO Changes Labrador Iron Ore Royalty Corporation announced that Alan R. Thomas, its Chief Financial Officer, plans to step down effective October 31, 2025. Mr. Thomas was first appointed as a trustee of the Corporation's predecessor, the Labrador Iron Ore Royalty Income Fund, in 2004 and assumed the Chief Financial Officer role in 2007. Stephen D.Pearce (CPA), who has provided administration and financial services to the Corporation since 2000, has been appointed by the Board to succeed Mr. Thomas effective November 1, 2025. Ankündigung • Oct 15
Labrador Iron Ore Royalty Corporation Provides Earnings Guidance for Full Year 2025 Labrador Iron Ore Royalty Corporation provides earnings guidance for full year 2025. For the period, the company expected saleable production is expected to be at the lower end of the guidance of 16.5 million to 19.4 million tonnes. Declared Dividend • Sep 12
Second quarter dividend of CA$0.40 announced Shareholders will receive a dividend of CA$0.40. Ex-date: 29th September 2025 Payment date: 29th October 2025 Dividend yield will be 6.9%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is not covered by earnings (127% earnings payout ratio) nor is it covered by cash flows (145% cash payout ratio). The dividend has increased by an average of 3.9% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 41% to bring the payout ratio under control. EPS is expected to grow by 22% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Major Estimate Revision • Sep 11
Consensus EPS estimates increase by 20% The consensus outlook for fiscal year 2025 has been updated. 2025 consensus EPS increased from CA$1.80 to CA$2.16. Revenues were reaffirmed at CA$166.5m. Net income forecast to grow 24% next year vs 35% growth forecast for Metals and Mining industry in Canada. Consensus price target of CA$29.90 unchanged from last update. Share price rose 4.5% to CA$28.45 over the past week. New Risk • Aug 08
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 63% Last year net profit margin: 100% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 127% Cash payout ratio: 145% Minor Risk Profit margins are more than 30% lower than last year (63% net profit margin). Reported Earnings • Aug 08
Second quarter 2025 earnings released: EPS: CA$0.42 (vs CA$0.78 in 2Q 2024) Second quarter 2025 results: EPS: CA$0.42 (down from CA$0.78 in 2Q 2024). Revenue: CA$46.7m (down 11% from 2Q 2024). Net income: CA$26.5m (down 47% from 2Q 2024). Profit margin: 57% (down from 95% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Metals and Mining industry in Canada. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Declared Dividend • Jun 15
First quarter dividend of CA$0.30 announced Shareholders will receive a dividend of CA$0.30. Ex-date: 30th June 2025 Payment date: 30th July 2025 Dividend yield will be 7.9%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is not covered by earnings (143% earnings payout ratio) nor is it adequately covered by cash flows (98% cash payout ratio). The dividend has increased by an average of 3.9% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 59% to bring the payout ratio under control. EPS is expected to grow by 31% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Ankündigung • Jun 12
Labrador Iron Ore Royalty Corporation Declares Dividend for the Second Quarter of 2025, Payable on July 30, 2025 The Directors of Labrador Iron Ore Royalty Corporation declared a quarterly cash dividend of $0.30 per Common Share. The dividend is payable to holders of record at the close of business on June 30, 2025 and is to be paid on July 30, 2025. Buy Or Sell Opportunity • Jun 08
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.5% to CA$29.07. The fair value is estimated to be CA$36.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.9% over the last 3 years. Earnings per share has declined by 26%. For the next 3 years, revenue is forecast to grow by 4.0% per annum. Earnings are also forecast to grow by 9.2% per annum over the same time period. Reported Earnings • May 09
First quarter 2025 earnings released: EPS: CA$0.33 (vs CA$0.93 in 1Q 2024) First quarter 2025 results: EPS: CA$0.33 (down from CA$0.93 in 1Q 2024). Revenue: CA$35.9m (down 36% from 1Q 2024). Net income: CA$21.4m (down 64% from 1Q 2024). Profit margin: 60% (down from 105% in 1Q 2024). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Metals and Mining industry in Canada. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Ankündigung • May 09
Labrador Iron Ore Royalty Corporation Provides Production Guidance for the Year 2025 Labrador Iron Ore Royalty Corporation provided production guidance for the year 2025. For the eyear, company expected IOC's saleable production (CFS plus pellets) remains at 16.5 million to 19.4 million tonnes. This compares to 16.1 million tonnes of saleable production in 2024. Major Estimate Revision • May 08
Consensus EPS estimates fall by 17% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CA$189.0m to CA$174.5m. EPS estimate also fell from CA$2.61 per share to CA$2.17 per share. Net income forecast to shrink 15% next year vs 33% growth forecast for Metals and Mining industry in Canada . Consensus price target of CA$31.00 unchanged from last update. Share price fell 3.4% to CA$28.50 over the past week. Declared Dividend • Mar 14
Fourth quarter dividend of CA$0.50 announced Shareholders will receive a dividend of CA$0.50. Ex-date: 31st March 2025 Payment date: 30th April 2025 Dividend yield will be 10%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is not covered by earnings (110% earnings payout ratio) nor is it adequately covered by cash flows (95% cash payout ratio). The dividend has increased by an average of 4.5% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 22% to bring the payout ratio under control. EPS is expected to grow by 2.7% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • Mar 12
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: EPS: CA$2.73 (down from CA$2.91 in FY 2023). Revenue: CA$209.0m (up 4.4% from FY 2023). Net income: CA$175.0m (down 6.0% from FY 2023). Profit margin: 84% (down from 93% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.0%. Earnings per share (EPS) missed analyst estimates by 5.9%. Revenue is expected to decline by 1.8% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Canada are expected to grow by 14%. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Ankündigung • Mar 11
Labrador Iron Ore Royalty Corporation, Annual General Meeting, May 13, 2025 Labrador Iron Ore Royalty Corporation, Annual General Meeting, May 13, 2025. Location: ontario, toronto Canada Declared Dividend • Dec 19
Third quarter dividend of CA$0.75 announced Shareholders will receive a dividend of CA$0.75. Ex-date: 31st December 2024 Payment date: 29th January 2025 Dividend yield will be 10%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (89% earnings payout ratio) and cash flows (89.9% cash payout ratio). The dividend has increased by an average of 3.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 8.4% over the next 3 years. Since a fall of 1.3% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk. Ankündigung • Dec 14
Labrador Iron Ore Royalty Corporation Declares Cash Dividend for the Fourth Quarter of 2024, Payable on January 29, 2025 The Directors of Labrador Iron Ore Royalty Corporation declared a quarterly cash dividend of $0.75 per Common Share. The dividend is payable to holders of record at the close of business on December 31, 2024 and is to be paid on January 29, 2025. Reported Earnings • Nov 06
Third quarter 2024 earnings released: EPS: CA$0.53 (vs CA$0.77 in 3Q 2023) Third quarter 2024 results: EPS: CA$0.53 (down from CA$0.77 in 3Q 2023). Revenue: CA$42.3m (down 11% from 3Q 2023). Net income: CA$33.6m (down 32% from 3Q 2023). Profit margin: 79% (down from 104% in 3Q 2023). Revenue is expected to decline by 1.6% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Canada are expected to grow by 17%. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Ankündigung • Nov 06
Labrador Iron Ore Royalty Corporation Revises Production Guidance for the Year 2024 Labrador Iron Ore Royalty Corporation revised production guidance for the year 2024. In its third quarter production report, Rio Tinto disclosed that, because of an 11-day stie-wide shutdown following the forest fires in July and the resulting revised mine plan and maintenance schedule, the 2024 guidance for IOC's saleable production (CFS plus pellets) was reduced to 15.5 million to 16.3 million tonnes, down from the previous guidance of 16.7 to 19.6 million tonnes. This compares to 16.5 million tonnes of saleable production in 2023. Board Change • Oct 14
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Director Dorothea Mell was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Sep 14
Labrador Iron Ore Royalty Corporation Declares Quarterly Cash Dividend, Payable on October 28, 2024 The Directors of Labrador Iron Ore Royalty Corporation declared a quarterly cash dividend of $0.70 per Common Share. The dividend is payable to
holders of record at the close of business on September 27, 2024 and is to be paid on October 28, 2024. Ankündigung • Aug 07
Labrador Iron Ore Royalty Corporation Updates Production Guidance for the Year 2024 Labrador Iron Ore Royalty Corporation updated production guidance for the year 2024. The company's 2024 guidance for IOC's saleable production (CFS plus pellets) remains at 16.7 million to 19.6 million tonnes. This compares to 16.5 million tonnes of saleable production in 2023. However, wildfires caused the evacuation of residents of Labrador City from July 12, 2024 to July 22, 2024. As a result, IOC's operations were temporarily suspended, which may affect annual production forecasts. Ankündigung • Jul 15
Iron Ore Company of Canada Initiates A Safe and Coordinated Temporary Shut Down of Its Operations in Response to the Provincial Government's Evacuation Order for Labrador City Iron Ore Company of Canada is initiating a safe and coordinated temporary shut down of its operations in response to the Provincial Government's evacuation order for Labrador City. The order stems from extreme fire behaviour that has occurred July 12, 2024 and is expected to continue into July 13, 2024. The fire has the potential to grow significantly closer to Labrador West over the next 24 to 48 hours. Declared Dividend • Jun 14
First quarter dividend of CA$1.10 announced Shareholders will receive a dividend of CA$1.10. Ex-date: 28th June 2024 Payment date: 26th July 2024 Dividend yield will be 10%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (79% earnings payout ratio) but not covered by cash flows (100% cash payout ratio). The dividend has increased by an average of 5.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 9.6% over the next 3 years. However, it would need to fall by 12% to increase the payout ratio to a potentially unsustainable range. Ankündigung • Jun 13
Labrador Iron Ore Royalty Corporation Declares Cash Dividend for the Second Quarter of 2024, Payable on July 26, 2024 The Directors of Labrador Iron Ore Royalty Corporation declared a quarterly cash dividend of $1.10 per common share for the second quarter of 2024. The dividend is payable to holders of record at the close of business on June 28, 2024 and is to be paid on July 26, 2024. Reported Earnings • May 09
First quarter 2024 earnings released: EPS: CA$0.93 (vs CA$0.68 in 1Q 2023) First quarter 2024 results: EPS: CA$0.93 (up from CA$0.68 in 1Q 2023). Revenue: CA$56.7m (up 21% from 1Q 2023). Net income: CA$59.3m (up 36% from 1Q 2023). Revenue is expected to decline by 1.2% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Canada are expected to grow by 12%. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 20
Upcoming dividend of CA$0.45 per share Eligible shareholders must have bought the stock before 27 March 2024. Payment date: 26 April 2024. Payout ratio is on the higher end at 88%, and the cash payout ratio is above 100%. Trailing yield: 8.6%. Within top quartile of Canadian dividend payers (6.4%). Higher than average of industry peers (2.2%). Declared Dividend • Mar 15
Fourth quarter dividend of CA$0.45 announced Shareholders will receive a dividend of CA$0.45. Ex-date: 27th March 2024 Payment date: 26th April 2024 Dividend yield will be 8.6%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (88% earnings payout ratio) but not covered by cash flows (107% cash payout ratio). The dividend has increased by an average of 5.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 5.0% over the next 3 years. Since a fall of 2.7% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk. Reported Earnings • Mar 13
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: CA$2.91 (down from CA$4.15 in FY 2022). Revenue: CA$201.3m (down 13% from FY 2022). Net income: CA$186.3m (down 30% from FY 2022). Profit margin: 93% (down from 114% in FY 2022). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 5.2%. Revenue is forecast to stay flat during the next 3 years compared to a 11% growth forecast for the Metals and Mining industry in Canada. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 11% per year. Buy Or Sell Opportunity • Mar 13
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to CA$28.84. The fair value is estimated to be CA$36.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.3% over the last 3 years. Earnings per share has declined by 14%. For the next 3 years, revenue is forecast to decline by 0.5% per annum. Earnings are also forecast to decline by 0.2% per annum over the same time period. Ankündigung • Mar 13
Labrador Iron Ore Royalty Corporation Declares Quarterly Cash Dividend, Payable on April 26, 2024 The Directors of Labrador Iron Ore Royalty Corporation declared a quarterly cash dividend of $0.45 per Common Share. The dividend is payable to holders of record at the close of business on March 28, 2024 and is to be paid on April 26, 2024. Ankündigung • Jan 17
Labrador Iron Ore Royalty Corporation to Report Q4, 2023 Results on Mar 12, 2024 Labrador Iron Ore Royalty Corporation announced that they will report Q4, 2023 results on Mar 12, 2024 Upcoming Dividend • Dec 22
Upcoming dividend of CA$0.45 per share at 8.5% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 26 January 2024. Payout ratio and cash payout ratio are on the higher end at 100% and 98% respectively. Trailing yield: 8.5%. Within top quartile of Canadian dividend payers (6.5%). Higher than average of industry peers (2.1%). Ankündigung • Dec 15
Labrador Iron Ore Royalty Corporation Declares Cash Dividend for the Fourth Quarter of 2023, Payable on January 26, 2024 The Directors of Labrador Iron Ore Royalty Corporation declared a quarterly cash dividend of $0.45 per Common Share. The dividend is payable to holders of record at the close of business on December 29, 2023 and is to be paid on January 26, 2024. New Risk • Nov 06
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 4.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 100% Cash payout ratio: 96% Earnings are forecast to decline by an average of 4.0% per year for the foreseeable future. Reported Earnings • Nov 03
Third quarter 2023 earnings released: EPS: CA$0.77 (vs CA$1.24 in 3Q 2022) Third quarter 2023 results: EPS: CA$0.77 (down from CA$1.24 in 3Q 2022). Revenue: CA$47.7m (down 25% from 3Q 2022). Net income: CA$49.4m (down 38% from 3Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 17% growth forecast for the Metals and Mining industry in Canada. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Ankündigung • Nov 03
Labrador Iron Ore Royalty Corporation Revises Production Guidance for the Third Quarter of 2023 Labrador Iron Ore Royalty Corporation revised production guidance for the third quarter of 2023. The company expects third quarter production performance, Rio Tinto's full year 2023 guidance for IOC's saleable production (CFS plus pellets) has been lowered to 15.8 million to 16.7 million tonnes (previous guidance was 17.0 million to 18.7 million tonnes). This revised guidance compares to 17.6 million tonnes of saleable production in 2022, and 16.6 million tonnes of saleable production in 2021. Ankündigung • Oct 18
Labrador Iron Ore Royalty Corporation to Report Q3, 2023 Results on Nov 02, 2023 Labrador Iron Ore Royalty Corporation announced that they will report Q3, 2023 results After-Market on Nov 02, 2023 New Risk • Oct 17
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.5% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Upcoming Dividend • Sep 21
Upcoming dividend of CA$0.95 per share at 9.4% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 26 October 2023. Payout ratio and cash payout ratio are on the higher end at 87% and 100% respectively. Trailing yield: 9.4%. Within top quartile of Canadian dividend payers (6.3%). Higher than average of industry peers (1.9%). Ankündigung • Sep 15
Labrador Iron Ore Royalty Corporation Declares Cash Dividend for the Third Quarter of 2023, Payable on October 26, 2023 The Directors of Labrador Iron Ore Royalty Corporation declared a quarterly cash dividend of $0.95 per Common Share. The dividend is payable to holders of record at the close of business on September 29, 2023 and is to be paid on October 26, 2023. Major Estimate Revision • Aug 09
Consensus EPS estimates fall by 11% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from CA$3.02 to CA$2.68. Revenue forecast unchanged from CA$197.0m at last update. Net income forecast to shrink 17% next year vs 39% growth forecast for Metals and Mining industry in Canada . Consensus price target broadly unchanged at CA$34.33. Share price was steady at CA$30.31 over the past week. Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: CA$0.65 (vs CA$1.23 in 2Q 2022) Second quarter 2023 results: EPS: CA$0.65 (down from CA$1.23 in 2Q 2022). Revenue: CA$51.4m (down 23% from 2Q 2022). Net income: CA$41.9m (down 47% from 2Q 2022). Profit margin: 82% (down from 118% in 2Q 2022). Revenue is expected to decline by 1.3% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Canada are expected to grow by 17%. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year. Upcoming Dividend • Jun 22
Upcoming dividend of CA$0.65 per share at 9.7% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 26 July 2023. Payout ratio and cash payout ratio are on the higher end at 81% and 99% respectively. Trailing yield: 9.7%. Within top quartile of Canadian dividend payers (6.3%). Higher than average of industry peers (1.9%). Ankündigung • Jun 15
Labrador Iron Ore Royalty Corporation Declares Cash Dividend for the Second Quarter of 2023, Payable on July 26, 2023 The Directors of Labrador Iron Ore Royalty Corporation declared quarterly cash dividend of $0.65 per Common Share. The dividend is payable to holders of record at the close of business on June 30, 2023 and is to be paid on July 26, 2023. Major Estimate Revision • May 11
Consensus EPS estimates fall by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CA$224.0m to CA$209.0m. EPS estimate also fell from CA$3.61 per share to CA$3.20 per share. Net income forecast to shrink 20% next year vs 18% growth forecast for Metals and Mining industry in Canada . Consensus price target broadly unchanged at CA$35.57. Share price was steady at CA$29.16 over the past week. Reported Earnings • May 06
First quarter 2023 earnings released: EPS: CA$1.36 (vs CA$0.99 in 1Q 2022) First quarter 2023 results: EPS: CA$1.36 (up from CA$0.99 in 1Q 2022). Revenue: CA$94.4m (up 75% from 1Q 2022). Net income: CA$87.1m (up 38% from 1Q 2022). Profit margin: 92% (down from 117% in 1Q 2022). Revenue is expected to decline by 1.9% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Canada are expected to grow by 12%. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 13% per year. Major Estimate Revision • Apr 04
Consensus EPS estimates increase by 19% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from CA$210.0m to CA$224.0m. EPS estimate increased from CA$3.23 to CA$3.85 per share. Net income forecast to shrink 9.2% next year vs 12% growth forecast for Metals and Mining industry in Canada . Consensus price target of CA$36.29 unchanged from last update. Share price was steady at CA$31.66 over the past week. Upcoming Dividend • Mar 23
Upcoming dividend of CA$0.50 per share at 9.8% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 26 April 2023. Payout ratio is a comfortable 75% but the company is paying out more than the cash it is generating. Trailing yield: 9.8%. Within top quartile of Canadian dividend payers (6.0%). Higher than average of industry peers (2.2%). Reported Earnings • Mar 08
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: CA$4.15 (down from CA$5.93 in FY 2021). Revenue: CA$232.9m (down 17% from FY 2021). Net income: CA$265.4m (down 30% from FY 2021). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 2.7%. Revenue is expected to decline by 4.2% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Canada are expected to grow by 13%. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Feb 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Independent Director Dorothea Mell was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Jan 17
Labrador Iron Ore Royalty Corporation Provides Production Guidance for the Year 2023 Labrador Iron Ore Royalty Corporation provided production guidance for the year 2023. For the year, the company's production guidance (pellets and CFS) of 17.9 to 19.6 million tonnes. Upcoming Dividend • Dec 22
Upcoming dividend of CA$0.70 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 26 January 2023. Payout ratio is on the higher end at 76%, and the cash payout ratio is above 100%. Trailing yield: 18%. Within top quartile of Canadian dividend payers (6.0%). Higher than average of industry peers (2.4%). Ankündigung • Dec 16
Labrador Iron Ore Royalty Corporation Declares A Quarterly Cash Dividend Payable on January 26, 2023 The Directors of Labrador Iron Ore Royalty Corporation declared a quarterly cash dividend of $0.70 per Common Share. The dividend is payable to holders of record at the close of business on December 30, 2022 and is to be paid on January 26, 2023. Reported Earnings • Nov 05
Third quarter 2022 earnings released: EPS: CA$1.24 (vs CA$1.64 in 3Q 2021) Third quarter 2022 results: EPS: CA$1.24 (down from CA$1.64 in 3Q 2021). Revenue: CA$64.1m (down 14% from 3Q 2021). Net income: CA$79.2m (down 24% from 3Q 2021). Revenue is expected to decline by 8.1% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Canada are expected to grow by 11%. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Ankündigung • Oct 18
Labrador Iron Ore Royalty Corporation to Report Q3, 2022 Results on Nov 03, 2022 Labrador Iron Ore Royalty Corporation announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Nov 03, 2022 Ankündigung • Sep 16
Labrador Iron Ore Royalty Corporation Declares Quarterly Cash Dividend, Payable on October 26, 2022 The Directors of Labrador Iron Ore Royalty Corporation declared a quarterly cash dividend of $1.00 per Common Share. The dividend is payable to holders of record at the close of business on September 29, 2022 and is to be paid on October 26, 2022. Price Target Changed • Aug 06
Price target decreased to CA$34.50 Down from CA$37.50, the current price target is an average from 4 analysts. New target price is 24% above last closing price of CA$27.79. Stock is down 43% over the past year. The company is forecast to post earnings per share of CA$4.02 for next year compared to CA$5.93 last year. Ankündigung • Aug 06
Labrador Iron Ore Royalty Corporation Provides Production Guidance for the 2022 Labrador Iron Ore Royalty Corporation provided production guidance for the 2022. For the year, the company provided guidance for IOC's saleable production (CFS plus pellets) remains at 17.0 million to 18.7 million tonnes. This compares to 16.6 million tonnes of saleable production in 2021. Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: CA$1.23 (vs CA$1.72 in 2Q 2021) Second quarter 2022 results: EPS: CA$1.23 (down from CA$1.72 in 2Q 2021). Revenue: CA$66.4m (down 16% from 2Q 2021). Net income: CA$78.4m (down 29% from 2Q 2021). Over the next year, revenue is expected to shrink by 14% compared to a 23% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Price Target Changed • Jul 26
Price target decreased to CA$34.93 Down from CA$38.57, the current price target is an average from 4 analysts. New target price is 31% above last closing price of CA$26.63. Stock is down 45% over the past year. The company is forecast to post earnings per share of CA$4.23 for next year compared to CA$5.93 last year. Ankündigung • Jul 16
Labrador Iron Ore Royalty Corporation to Report Q2, 2022 Results on Aug 04, 2022 Labrador Iron Ore Royalty Corporation announced that they will report Q2, 2022 results After-Market on Aug 04, 2022 Recent Insider Transactions • Jun 26
Chairman recently bought CA$63k worth of stock On the 21st of June, William McNeil bought around 2k shares on-market at roughly CA$31.29 per share. In the last 3 months, they made an even bigger purchase worth CA$97k. William has been a buyer over the last 12 months, purchasing a net total of CA$159k worth in shares. Recent Insider Transactions • Jun 24
Chairman recently bought CA$63k worth of stock On the 21st of June, William McNeil bought around 2k shares on-market at roughly CA$31.29 per share. In the last 3 months, they made an even bigger purchase worth CA$97k. William has been a buyer over the last 12 months, purchasing a net total of CA$159k worth in shares. Upcoming Dividend • Jun 22
Upcoming dividend of CA$0.90 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 26 July 2022. Payout ratio is on the higher end at 99%, and the cash payout ratio is above 100%. Trailing yield: 19%. Within top quartile of Canadian dividend payers (5.2%). Higher than average of industry peers (2.0%).