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Labrador Iron Ore Royalty TSX:LIF Stock Report

Last Price

CA$29.14

Market Cap

CA$1.9b

7D

-2.1%

1Y

-10.6%

Updated

22 Dec, 2024

Data

Company Financials +

Labrador Iron Ore Royalty Corporation

TSX:LIF Stock Report

Market Cap: CA$1.9b

LIF Stock Overview

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. More details

LIF fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance4/6
Financial Health5/6
Dividends5/6

My Notes

Capture your thoughts, links and company narrative

Labrador Iron Ore Royalty Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Labrador Iron Ore Royalty
Historical stock prices
Current Share PriceCA$29.14
52 Week HighCA$33.97
52 Week LowCA$28.48
Beta1.03
1 Month Change-1.22%
3 Month Change-6.27%
1 Year Change-10.59%
3 Year Change-26.56%
5 Year Change12.55%
Change since IPO295.12%

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
7D-2.1%-4.1%-2.6%
1Y-10.6%16.8%15.2%

Return vs Industry: LIF underperformed the Canadian Metals and Mining industry which returned 16.6% over the past year.

Return vs Market: LIF underperformed the Canadian Market which returned 15.2% over the past year.

Price Volatility

Is LIF's price volatile compared to industry and market?
LIF volatility
LIF Average Weekly Movement2.8%
Metals and Mining Industry Average Movement10.2%
Market Average Movement8.2%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market2.9%

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

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$1.86b
Earnings (TTM)CA$194.56m
Revenue (TTM)CA$205.51m

9.6x

P/E Ratio

9.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LIF income statement (TTM)
RevenueCA$205.51m
Cost of RevenueCA$6.17m
Gross ProfitCA$199.34m
Other ExpensesCA$4.78m
EarningsCA$194.56m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Mar 11, 2025

Earnings per share (EPS)3.04
Gross Margin97.00%
Net Profit Margin94.67%
Debt/Equity Ratio0%

How did LIF perform over the long term?

See historical performance and comparison

Dividends

8.8%

Current Dividend Yield

89%

Payout Ratio

Does LIF pay a reliable dividends?

See LIF dividend history and benchmarks
When do you need to buy LIF by to receive an upcoming dividend?
Labrador Iron Ore Royalty dividend dates
Ex Dividend DateDec 31 2024
Dividend Pay DateJan 29 2025
Days until Ex dividend9 days
Days until Dividend pay date38 days

Does LIF pay a reliable dividends?

See LIF dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:38
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Labrador Iron Ore Royalty Corporation is covered by 17 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harriet LiAccountability Research Corporation
Alexander Robert PearceBMO Capital Markets Equity Research
Oscar CabreraBofA Global Research