S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages
How major US stock indexes fared Thursday, 3/28/2024
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages
How major US stock indexes fared Thursday, 3/28/2024
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages
How major US stock indexes fared Thursday, 3/28/2024
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages
How major US stock indexes fared Thursday, 3/28/2024
TSE:LIF

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

C$28.88
-0.15 (-0.52%)
(As of 03/28/2024 ET)
Today's Range
C$28.81
C$29.21
50-Day Range
C$28.58
C$33.42
52-Week Range
C$27.04
C$34.18
Volume
183,492 shs
Average Volume
165,088 shs
Market Capitalization
C$1.85 billion
P/E Ratio
9.92
Dividend Yield
8.66%
Price Target
C$32.50

Labrador Iron Ore Royalty MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
12.5% Upside
C$32.50 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.41 out of 5 stars

LIF stock logo

About Labrador Iron Ore Royalty Stock (TSE:LIF)

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, and iron ore concentrate, as well as 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 is based in Toronto, Canada.

LIF Stock Price History

LIF Stock News Headlines

4x Better than Bitcoin
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
Labrador Iron Ore Royalty Corp
4x Better than Bitcoin
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
RBC Capital Keeps a Hold Rating on Labrador Iron Ore (LIF)
Raymond James Maintains a Hold Rating on Labrador Iron Ore (LIF)
RBC Capital Reaffirms Their Hold Rating on Labrador Iron Ore (LIF)
See More Headlines
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.

Company Calendar

Ex-Dividend for 1/26 Dividend
12/28/2023
Dividend Payable
1/26/2024
Ex-Dividend for 4/26 Dividend
3/27/2024
Today
3/28/2024
Dividend Payable
4/26/2024
Next Earnings (Estimated)
5/02/2024

Industry, Sector and Symbol

Industry
Steel
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$32.50
High Stock Price Target
C$35.00
Low Stock Price Target
C$30.00
Potential Upside/Downside
+12.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
C$186.31 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$200.17 million
Cash Flow
C$0.57 per share
Book Value
C$10.30 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.85 billion
Optionable
Not Optionable
Beta
1.14
The 10 Best AI Stocks to Own in 2024 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report

Key Executives

  • Mr. John F. Tuer (Age 59)
    President, CEO & Director
    Comp: $346.49k
  • Mr. Alan Richard Thomas (Age 81)
    Chief Financial Officer
    Comp: $187.51k
  • Ms. Sandra L. Rosch (Age 64)
    Executive VP & Director
    Comp: $187.51k
  • Robert O. Hansen
    Secretary

LIF Stock Analysis - Frequently Asked Questions

Should I buy or sell Labrador Iron Ore Royalty stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Labrador Iron Ore Royalty in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" LIF shares.
View LIF analyst ratings
or view top-rated stocks.

What is Labrador Iron Ore Royalty's stock price target for 2024?

2 analysts have issued 12 month price objectives for Labrador Iron Ore Royalty's shares. Their LIF share price targets range from C$30.00 to C$35.00. On average, they predict the company's stock price to reach C$32.50 in the next year. This suggests a possible upside of 12.5% from the stock's current price.
View analysts price targets for LIF
or view top-rated stocks among Wall Street analysts.

How have LIF shares performed in 2024?

Labrador Iron Ore Royalty's stock was trading at C$31.90 on January 1st, 2024. Since then, LIF shares have decreased by 9.5% and is now trading at C$28.88.
View the best growth stocks for 2024 here
.

When is Labrador Iron Ore Royalty's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our LIF earnings forecast
.

How often does Labrador Iron Ore Royalty pay dividends? What is the dividend yield for Labrador Iron Ore Royalty?

Labrador Iron Ore Royalty announced a quarterly dividend on Tuesday, March 12th. Investors of record on Thursday, March 28th will be paid a dividend of 0.45 per share on Friday, April 26th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.23%. The ex-dividend date of this dividend is Wednesday, March 27th.
Read our dividend analysis for LIF
.

Is Labrador Iron Ore Royalty a good dividend stock?

Labrador Iron Ore Royalty (TSE:LIF) pays an annual dividend of C$2.50 per share and currently has a dividend yield of 8.45%. LIF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 85.91%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for LIF.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Labrador Iron Ore Royalty investors own include Bombardier, Inc. Class B (BBD.B), Canadian National Railway (CNR), Toronto-Dominion Bank (TD), Suncor Energy (SU), Teck Resources (TECK.B), AltaGas (ALA), CGI (GIB.A), Royal Bank of Canada (RY), Semafo (SMF) and Air Canada (AC).

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.

This page (TSE:LIF) was last updated on 3/29/2024 by MarketBeat.com Staff

From Our Partners