How to buy Labrador Iron Ore Royalty stock in Canada

Labrador Iron Ore Royalty is a steel business based in Canada. Labrador Iron Ore Royalty shares (LIF) are listed on the Toronto Stock Exchange (TSX) and all prices are listed in Canadian Dollars.

Its last market close was C$29.14 – a decrease of 2.08% over the previous week.

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Labrador Iron Ore Royalty stock price (Toronto Stock Exchange (TSX): LIF)

Use our graph to track the performance of LIF stocks over time.

Labrador Iron Ore Royalty stocks at a glance

• Key figures

Information last updated 2024-12-19.

Latest market close	C$29.14
52-week range	C$26.47 - C$33.26
50-day moving average more info button	C$30.36
200-day moving average more info button	C$30.14
Wall St. target price	C$32.67
PE ratio more info button	9.6743
Dividend yield more info button	C$2.7 (10.2%)
Earnings per share (TTM) more info button	C$3.04

Is it a good time to buy Labrador Iron Ore Royalty stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

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Labrador Iron Ore Royalty price performance over time

Historical closes compared with the close of C$28.83 from 2024-12-19

1 week (2024-12-13)	-3.13%
1 month (2024-11-22)	-2.27%
3 months (2024-09-20)	-6.09%
6 months (2024-06-21)	-1.67%

1 year (2023-12-22)	-11.54%
2 years (2022-12-22)	0.98%
3 years (2021-12-22)	28.8411
5 years (2019-12-20)	95.88%

Is Labrador Iron Ore Royalty stock undervalued or overvalued?

Valuing Labrador Iron Ore Royalty stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Labrador Iron Ore Royalty's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Labrador Iron Ore Royalty's P/E ratio

Labrador Iron Ore Royalty's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, Labrador Iron Ore Royalty shares trade at around 10x recent earnings.

Labrador Iron Ore Royalty financials

Revenue TTM	C$205.5 million
Operating margin TTM	74.99%
Gross profit TTM	C$225.9 million
Return on assets TTM	11.49%
Return on equity TTM	30.01%
Profit margin	94.67%
Book value	C$10.30
Market Capitalization more info button	C$1.9 billion

TTM: trailing 12 months

Labrador Iron Ore Royalty stock dividends

Dividend payout ratio: 88.82% of net profits

Recently Labrador Iron Ore Royalty has paid out, on average, around 100% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Labrador Iron Ore Royalty shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Labrador Iron Ore Royalty's case, that would currently equate to about C$2.7 per share.

Labrador Iron Ore Royalty's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Labrador Iron Ore Royalty's most recent dividend payout was on 27 October 2024. The latest dividend was paid out to all shareholders who bought their stocks by 30 December 2024 (the "ex-dividend date").

Have Labrador Iron Ore Royalty's stocks ever split?

Labrador Iron Ore Royalty's stocks were split on a 2:1 basis on 27 June 2011 . So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Labrador Iron Ore Royalty stocks – just the quantity. However, indirectly, the new 50% lower stock price could have impacted the market appetite for Labrador Iron Ore Royalty stocks, which in turn could have impacted Labrador Iron Ore Royalty's stock price.

Labrador Iron Ore Royalty stock price volatility

Over the last 12 months, Labrador Iron Ore Royalty's stocks have ranged in value from as little as C$26.4685 up to C$33.2585. A popular way to gauge a stock's volatility is its "beta."

Beta is a measure of a stocks volatility in relation to the market. The market (TO average) beta is 1, while Labrador Iron Ore Royalty's is 1.09. This would suggest that Labrador Iron Ore Royalty's stocks are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Labrador Iron Ore Royalty 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. 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..

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Frequently asked questions

What percentage of Labrador Iron Ore Royalty is owned by insiders or institutions?
Currently 0.075% of Labrador Iron Ore Royalty stocks are held by insiders and 21.372% by institutions. When does the fiscal year end for Labrador Iron Ore Royalty?
Labrador Iron Ore Royalty's fiscal year ends in December. Where is Labrador Iron Ore Royalty based?
Labrador Iron Ore Royalty's address is: 31 Adelaide St. East, Toronto, ON, Canada, M5C 2K3 What is Labrador Iron Ore Royalty's ISIN number?
Labrador Iron Ore Royalty's international securities identification number is: CA5054401073

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