Labrador Iron Ore Royalty (LIF) Stock Price, News & Analysis

Company Overview

Labrador Iron Ore Royalty Corporation is a Canadian corporation. The company generates all of its revenue from its equity investment in Iron Ore Company of Canada, (IOC) and its IOC royalty and commission interests. IOC operates a major iron mine near Labrador City, Newfoundland, and Labrador on lands leased from LIORC. Directly and through its wholly-owned subsidiary, Hollinger-Hanna, LIORC owns an equity interest in IOC and receives gross overriding royalty on all iron ore products produced from the leased lands that are sold and shipped by IOC and commission on IOC's sales of iron ore. IOC is a Canadian producer of iron ore pellets and concentrate, serving customers worldwide.

Key Stats

• Today's Range: C$30.66 to C$31.08
• 50-Day Range: C$28.83 to C$30.84
• 52-Week Range: C$28.48 to C$33.97
• Volume: 164,593 shs
• Average Volume: 223,759 shs
• Market Capitalization: C$1.96 billion
• P/E Ratio: 9.24
• Dividend Yield: 8.80%
• Price Target: C$33.00
• Consensus Rating: Moderate Buy

Labrador Iron Ore Royalty Stock Analysis - MarketRank™

Labrador Iron Ore Royalty scored higher than 32% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Labrador Iron Ore Royalty has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Labrador Iron Ore Royalty has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Labrador Iron Ore Royalty is 9.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.71.

Price to Earnings Ratio vs. Sector

The P/E ratio of Labrador Iron Ore Royalty is 9.24, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 109.99.

Price to Earnings Growth Ratio

Labrador Iron Ore Royalty has a PEG Ratio of 0.94. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Labrador Iron Ore Royalty has a P/B Ratio of 2.93. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for LIF.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Labrador Iron Ore Royalty is a leading dividend payer. It pays a dividend yield of 8.33%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Labrador Iron Ore Royalty does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Labrador Iron Ore Royalty is 81.33%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for LIF.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: N/A

News Sentiment

Labrador Iron Ore Royalty has a news sentiment score of 1.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.39 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Labrador Iron Ore Royalty this week, compared to 1 article on an average week.

Search Interest

Only 6 people have searched for LIF on MarketBeat in the last 30 days. This is a decrease of -14% compared to the previous 30 days.

MarketBeat Follows

3 people have added Labrador Iron Ore Royalty to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Labrador Iron Ore Royalty insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.08% of the stock of Labrador Iron Ore Royalty is held by insiders.

Percentage Held by Institutions

Only 21.62% of the stock of Labrador Iron Ore Royalty is held by institutions.

LIF Stock Analysis - Frequently Asked Questions

How have LIF shares performed this year?

Labrador Iron Ore Royalty's stock was trading at C$28.93 on January 1st, 2025. Since then, LIF shares have increased by 6.1% and is now trading at C$30.69.
View the best growth stocks for 2025 here.

How were Labrador Iron Ore Royalty's earnings last quarter?

Labrador Iron Ore Royalty Co. (TSE:LIF) released its quarterly earnings data on Tuesday, November, 5th. The company reported $0.53 earnings per share for the quarter. Labrador Iron Ore Royalty had a net margin of 99.70% and a trailing twelve-month return on equity of 31.89%.

How do I buy shares of Labrador Iron Ore Royalty?

Shares of LIF stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of Labrador Iron Ore Royalty own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Labrador Iron Ore Royalty investors own include TELUS (T), Enbridge (ENB), Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), BCE (BCE), Barrick Gold (ABX) and Suncor Energy (SU).

Company Calendar

• Last Earnings: 11/05/2024
• Today: 1/30/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Steel
• Sub-Industry: Business Services
• Current Symbol: TSE:LIF
• CUSIP: N/A
• CIK: N/A
• Web: www.labradorironore.com
• Phone: 416-863-7133
• Fax: N/A
• Employees: 600
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$33.00
• High Stock Price Target: C$35.00
• Low Stock Price Target: C$31.00
• Potential Upside/Downside: +7.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$3.32
• Trailing P/E Ratio: 9.24
• Forward P/E Ratio: 8.20
• P/E Growth: 0.94
• Net Income: C$210.38 million
• Net Margins: 99.70%
• Pretax Margin: N/A
• Return on Equity: 31.89%
• Return on Assets: 11.52%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.35
• Quick Ratio: 1.42

Sales & Book Value

• Annual Sales: C$211 million
• Price / Sales: 9.31
• Cash Flow: C$0.60 per share
• Price / Cash Flow: 50.97
• Book Value: C$10.48 per share
• Price / Book: 2.93

Miscellaneous

• Outstanding Shares: 64,000,000
• Free Float: N/A
• Market Cap: C$1.96 billion
• Optionable: Not Optionable
• Beta: 1.10