TSE:LIF Labrador Iron Ore Royalty (LIF) Stock Price, News & Analysis C$31.55 -0.70 (-2.17%) (As of 10/17/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlines About Labrador Iron Ore Royalty Stock (TSE:LIF) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get LIF alerts:Sign Up Key Stats Today's RangeC$31.43▼C$32.1750-Day RangeC$28.69▼C$33.4252-Week RangeC$28.48▼C$33.97Volume272,953 shsAverage Volume202,733 shsMarket CapitalizationC$2.02 billionP/E Ratio9.50Dividend Yield8.56%Price TargetC$32.33Consensus RatingModerate Buy Company OverviewLabrador 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. The company is based in Toronto, Canada.Read More… Protect Your Bank Account with THESE 4 Simple Steps (Ad)Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.Learn these 4 simple steps and protect your savings before it’s too late. Labrador Iron Ore Royalty Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks20th Percentile Overall ScoreLIF MarketRank™: Labrador Iron Ore Royalty scored higher than 20% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.3 / 5Analyst RatingModerate Buy Consensus RatingLabrador 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 CoverageLabrador Iron Ore Royalty has only been the subject of 1 research reports in the past 90 days.Read more about Labrador Iron Ore Royalty's stock forecast and price target. Earnings and Valuation2.5 / 5Proj. Earnings GrowthN/A Price to Earnings Ratio vs. the MarketThe P/E ratio of Labrador Iron Ore Royalty is 9.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.47.Price to Earnings Ratio vs. SectorThe P/E ratio of Labrador Iron Ore Royalty is 9.50, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 127.25.Price to Earnings Growth RatioLabrador 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 RatioLabrador Iron Ore Royalty has a P/B Ratio of 3.01. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Labrador Iron Ore Royalty's valuation and earnings. Short InterestN/AShort Interest LevelN/A Short InterestThere is no current short interest data available for LIF. Dividend1.7 / 5Dividend StrengthWeak Dividend LeadershipLabrador 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 GrowthLabrador Iron Ore Royalty does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Labrador Iron Ore Royalty is 81.33%. Payout ratios above 75% are not desirable because they may not be sustainable.Read more about Labrador Iron Ore Royalty's dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Short InterestThere is no current short interest data available for LIF. News and Social Media0.6 / 5News Sentiment0.00 News Coverage This WeekMarketBeat has tracked 2 news articles for Labrador Iron Ore Royalty this week, compared to 0 articles on an average week.Search InterestOnly 3 people have searched for LIF on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.MarketBeat Follows4 people have added Labrador Iron Ore Royalty to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Company Ownership0.0 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Labrador Iron Ore Royalty insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.08% of the stock of Labrador Iron Ore Royalty is held by insiders.Percentage Held by InstitutionsOnly 21.62% of the stock of Labrador Iron Ore Royalty is held by institutions.Read more about Labrador Iron Ore Royalty's insider trading history. Receive LIF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Labrador Iron Ore Royalty and its competitors with MarketBeat's FREE daily newsletter. Email Address LIF Stock News HeadlinesLABRADOR IRON ORE ROYALTY CORPORATION (TSX:LIF) - RIO TINTO RELEASES IOC PRODUCTION AND SALES INFORMATIONOctober 16 at 4:19 PM | ca.finance.yahoo.comLabrador Iron Ore Royalty (TSE:LIF) Stock Price Passes Above 200 Day Moving Average - Should You Sell?October 16 at 3:55 AM | americanbankingnews.comTrump or Kamala? It may come down to this strange twist…Could this be the key to America's second coming? A strange resurrection born in the hollers of Appalachia? To uncover the full story and learn how you can potentially profit from it...October 17, 2024 | Porter & Company (Ad)Scotiabank Boosts Labrador Iron Ore Royalty (TSE:LIF) Price Target to C$32.00October 9, 2024 | americanbankingnews.com2 High-Yield Dividend Stocks That Are Screaming Buys Right NowOctober 4, 2024 | msn.com3 Top TSX Dividend Stocks Yielding Over 3.1%September 24, 2024 | finance.yahoo.comRetirement Savings Boost: Increase Your Income by $988 AnnuallySeptember 18, 2024 | fool.ca2 Passive-Income Stocks Offering Value on ValueSeptember 17, 2024 | msn.comSee More Headlines LIF Stock Analysis - Frequently Asked Questions How have LIF shares performed this year? Labrador Iron Ore Royalty's stock was trading at C$31.90 at the beginning of 2024. Since then, LIF stock has decreased by 1.1% and is now trading at C$31.55. View the best growth stocks for 2024 here. How were Labrador Iron Ore Royalty's earnings last quarter? Labrador Iron Ore Royalty Co. (TSE:LIF) issued its quarterly earnings data on Tuesday, August, 6th. The company reported $0.78 earnings per share for the quarter. The company had revenue of $53.13 million for the quarter. Labrador Iron Ore Royalty had a trailing twelve-month return on equity of 31.89% and a net margin of 99.70%. 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.Compare Top Brokerages Here. 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 Ex-Dividend for 7/26 Dividend6/28/2024Dividend Payable7/26/2024Last Earnings8/06/2024Ex-Dividend for 10/28 Dividend9/27/2024Today10/17/2024Dividend Payable10/28/2024Next Earnings (Confirmed)11/05/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorBasic Materials Industry Steel Sub-IndustryBusiness Services Current SymbolTSE:LIF CUSIPN/A CIKN/A Webwww.labradorironore.com Phone416-863-7133FaxN/AEmployees600Year FoundedN/APrice Target and Rating Average Stock Price TargetC$32.33 High Stock Price TargetC$35.00 Low Stock Price TargetC$30.00 Potential Upside/Downside+2.5%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)C$3.32 Trailing P/E Ratio9.50 Forward P/E Ratio8.43 P/E Growth0.94Net IncomeC$210.38 million Net Margins99.70% Pretax MarginN/A Return on Equity31.89% Return on Assets11.52% Debt Debt-to-Equity RatioN/A Current Ratio1.35 Quick Ratio1.42 Sales & Book Value Annual SalesC$211 million Price / Sales9.57 Cash FlowC$0.62 per share Price / Cash Flow50.97 Book ValueC$10.48 per share Price / Book3.01Miscellaneous Outstanding Shares64,000,000Free FloatN/AMarket CapC$2.02 billion OptionableNot Optionable Beta1.10 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? 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