TSX:LIFMetals and Mining
Labrador Iron Ore Royalty (TSX:LIF) Looks Pricey After Q2 Update And Forest Fire Risk
What the Latest Q2 Update Means for Labrador Iron Ore Royalty
Labrador Iron Ore Royalty (TSX:LIF) recently released its second quarter operating and sales update, reporting 2.92 million tonnes of saleable iron ore production and 3.16 million tonnes of sales from Iron Ore Company of Canada.
The company also reiterated 2026 production guidance of 15 to 18 million tonnes for IOC, while flagging that regional forest fires could still influence output. This is a factor investors may want to track...