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Labrador Iron Ore Royalty TSX:LIF Stock Report

Last Price

CA$30.11

Market Cap

CA$1.9b

7D

1.8%

1Y

-1.7%

Updated

23 Apr, 2024

Data

Company Financials +

Labrador Iron Ore Royalty Corporation

TSX:LIF Stock Report

Market Cap: CA$1.9b

LIF Stock Overview

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.

LIF fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends4/6

Labrador Iron Ore Royalty Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Labrador Iron Ore Royalty
Historical stock prices
Current Share PriceCA$30.11
52 Week HighCA$34.18
52 Week LowCA$27.04
Beta1.12
1 Month Change2.87%
3 Month Change-9.12%
1 Year Change-1.70%
3 Year Change-26.99%
5 Year Change-2.87%
Change since IPO308.27%

Recent News & Updates

Recent updates

Estimating The Fair Value Of Labrador Iron Ore Royalty Corporation (TSE:LIF)

Dec 15
Estimating The Fair Value Of Labrador Iron Ore Royalty Corporation (TSE:LIF)

Labrador Iron Ore Royalty (TSE:LIF) Might Have The Makings Of A Multi-Bagger

Nov 15
Labrador Iron Ore Royalty (TSE:LIF) Might Have The Makings Of A Multi-Bagger

An Intrinsic Calculation For Labrador Iron Ore Royalty Corporation (TSE:LIF) Suggests It's 35% Undervalued

Sep 02
An Intrinsic Calculation For Labrador Iron Ore Royalty Corporation (TSE:LIF) Suggests It's 35% Undervalued

Labrador Iron Ore Royalty (TSE:LIF) Is Investing Its Capital With Increasing Efficiency

Aug 04
Labrador Iron Ore Royalty (TSE:LIF) Is Investing Its Capital With Increasing Efficiency

Shareholder Returns

LIFCA Metals and MiningCA Market
7D1.8%0.02%-0.6%
1Y-1.7%-3.9%3.9%

Return vs Industry: LIF exceeded the Canadian Metals and Mining industry which returned -3.9% over the past year.

Return vs Market: LIF underperformed the Canadian Market which returned 3.9% over the past year.

Price Volatility

Is LIF's price volatile compared to industry and market?
LIF volatility
LIF Average Weekly Movement2.9%
Metals and Mining Industry Average Movement11.6%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.3%
10% least volatile stocks in CA Market3.1%

Stable Share Price: LIF has not had significant price volatility in the past 3 months.

Volatility Over Time: LIF's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aJohn Tuerlabradorironore.com

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.

Labrador Iron Ore Royalty Corporation Fundamentals Summary

How do Labrador Iron Ore Royalty's earnings and revenue compare to its market cap?
LIF fundamental statistics
Market capCA$1.93b
Earnings (TTM)CA$186.31m
Revenue (TTM)CA$200.17m

10.3x

P/E Ratio

9.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LIF income statement (TTM)
RevenueCA$200.17m
Cost of RevenueCA$6.02m
Gross ProfitCA$194.15m
Other ExpensesCA$7.84m
EarningsCA$186.31m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 08, 2024

Earnings per share (EPS)2.91
Gross Margin96.99%
Net Profit Margin93.08%
Debt/Equity Ratio0%

How did LIF perform over the long term?

See historical performance and comparison

Dividends

8.5%

Current Dividend Yield

88%

Payout Ratio
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