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

0 equities research analysts have issued 1-year target prices for Labrador Iron Ore Royalty's shares. Their LIFZF share price targets range from $45.00 to $45.00. On average, they predict the company's stock price to reach $45.00 in the next twelve months. This suggests a possible upside of 104.4% from the stock's current price. View analysts price targets for LIFZF or view top-rated stocks among Wall Street analysts .

How have LIFZF shares performed in 2024?

Labrador Iron Ore Royalty's stock was trading at $24.0375 at the beginning of the year. Since then, LIFZF shares have decreased by 8.4% and is now trading at $22.02. View the best growth stocks for 2024 here .

Is Labrador Iron Ore Royalty a good dividend stock?

Labrador Iron Ore Royalty (OTCMKTS:LIFZF) pays an annual dividend of $0.50 per share and currently has a dividend yield of 3.26%. The dividend payout ratio is 21.10%. This payout ratio is at a healthy, sustainable level, below 75%.

How do I buy shares of Labrador Iron Ore Royalty?

Shares of LIFZF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

OTCMKTS:LIFZF

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

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$22.02

-0.19 (-0.86%)

(As of 04/18/2024 ET)

Compare

Today's Range: $22.02
▼
$22.31
50-Day Range: $21.08
▼
$23.07
52-Week Range: $20.37
▼
$26.04

Volume: 2,211 shs
Average Volume: 11,274 shs
Market Capitalization: N/A

P/E Ratio: 9.29
Dividend Yield: 2.27%
Price Target: $45.00

Stock Analysis Analyst Forecasts Chart Headlines Short Interest

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Labrador Iron Ore Royalty MarketRank™ Stock Analysis

Analyst Rating: 0.00 Rating Score
Upside/Downside: 104.4% Upside
$45.00 Price Target
Short Interest: Bearish
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.

0.70 out of 5 stars

2.0

Analyst's Opinion

Amount of Analyst Coverage
Labrador Iron Ore Royalty has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
Labrador Iron Ore Royalty has a short interest ratio ("days to cover") of 87.1, which indicates bearish sentiment.
Change versus previous month
Short interest in Labrador Iron Ore Royalty has recently decreased by 13.25%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Labrador Iron Ore Royalty pays a meaningful dividend of 3.26%, higher than the bottom 25% of all stocks that pay dividends.
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 21.10%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LIFZF.

N/A

News and Social Media Coverage

0.0

Company Ownership

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 Institutions
Only 32.37% of the stock of Labrador Iron Ore Royalty is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Labrador Iron Ore Royalty is 9.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.53.
Price to Earnings Ratio vs. Sector
The P/E ratio of Labrador Iron Ore Royalty is 9.29, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 140.27.

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About Labrador Iron Ore Royalty Stock (OTCMKTS:LIFZF)

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.

LIFZF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

LIFZF Stock News Headlines

April 9, 2024 | americanbankingnews.com

Labrador Iron Ore Royalty (OTCMKTS:LIFZF) Trading Up 1.5%

March 6, 2024 | seekingalpha.com

Labrador Iron: 8.5% Yield And How We Would Play It

April 19, 2024 | InvestorPlace (Ad)

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March 3, 2024 | finance.yahoo.com

Labrador Iron Ore Royalty Corporation (LIFZF)

January 26, 2024 | benzinga.com

Adjusting to Market Challenges: Labrador Iron Ore Royalty Responds to Uncertain Conditions with Dividend and Earnings Adjustments

January 22, 2024 | finance.yahoo.com

LABRADOR IRON ORE ROYALTY CORPORATION (TSX: LIF) - RIO TINTO RELEASES IOC PRODUCTION AND SALES INFORMATION

December 18, 2023 | finance.yahoo.com

Labrador Iron Ore Royalty (TSE:LIF) Will Pay A Smaller Dividend Than Last Year

November 3, 2023 | msn.com

Labrador Iron Ore Royalty GAAP EPS of C$0.77, revenue of C$47.7M; updates FY23 outlook

April 19, 2024 | InvestorPlace (Ad)

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November 2, 2023 | finance.yahoo.com

LABRADOR IRON ORE ROYALTY CORPORATION - RESULTS FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2023

September 27, 2023 | msn.com

Unlocking Opportunity: Labrador Iron Ore Royalty Offers 8.6% Yield And Multiyear Growth Potential

August 21, 2023 | finance.yahoo.com

Labrador Iron Ore Royalty (TSE:LIF) Knows How To Allocate Capital Effectively

July 27, 2023 | fool.com

Labrador Iron Ore Royalty (OTC: LIFZF)

June 30, 2023 | ca.finance.yahoo.com

LIFZF - Labrador Iron Ore Royalty Corporation

June 15, 2023 | msn.com

Labrador Iron Ore Royalty raises dividend by 30% to CAD 0.65/share

May 26, 2023 | finance.yahoo.com

LABRADOR IRON ORE ROYALTY CORPORATION - IRON ORE COMPANY OF CANADA DIVIDEND

May 18, 2023 | msn.com

Labrador Iron Ore: More Dividend Cuts In Store For 2023

May 4, 2023 | theglobeandmail.com

Closing Bell: Labrador Iron Ore Royalty Corp down on Thursday (LIF)

May 4, 2023 | finance.yahoo.com

LABRADOR IRON ORE ROYALTY CORPORATION - RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2023

April 22, 2023 | theglobeandmail.com

Closing Bell: Labrador Iron Ore Royalty Corp down on Friday (LIF)

April 20, 2023 | theglobeandmail.com

Closing Bell: Labrador Iron Ore Royalty Corp down on Wednesday (LIF)

April 19, 2023 | benzinga.com

Labrador Iron Ore Royalty Stock (OTC:LIFZF), Quotes and News Summary

April 12, 2023 | theglobeandmail.com

Closing Bell: Labrador Iron Ore Royalty Corp up on Tuesday (LIF)

December 15, 2022 | finance.yahoo.com

CASH DIVIDEND FOR THE FOURTH QUARTER OF 2022 - $0.70 PER COMMON SHARE

November 4, 2022 | finance.yahoo.com

LABRADOR IRON ORE ROYALTY CORPORATION - RESULTS FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2022

September 15, 2022 | finance.yahoo.com

LABRADOR IRON ORE ROYALTY CORPORATION - CASH DIVIDEND FOR THE THIRD QUARTER OF 2022 - $1.00 PER COMMON SHARE

August 31, 2022 | juniorminingnetwork.com

Tech-X Resources Completes 13 Diamond Drill Holes at Iron Lake

See More Headlines

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Basic Materials
Industry: Steel
Sub-Industry: N/A
Current Symbol: OTCMKTS:LIFZF
CUSIP: N/A
CIK: N/A
Web: www.labradorironore.com
Phone: (416) 362-0066
Fax: N/A
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $45.00
High Stock Price Target: $45.00
Low Stock Price Target: $45.00
Potential Upside/Downside: +104.4%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 9.29
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

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Key Executives

Mr. John F. Tuer (Age 58)
President, CEO & Director
Comp: $254.98k
Mr. Alan Richard Thomas (Age 81)
Chief Financial Officer
Comp: $137.99k
Ms. Sandra L. Rosch (Age 63)
Executive VP & Director
Comp: $137.99k
Robert O. Hansen
Secretary

Key Competitors

View All Competitors

LIFZF Stock Analysis - Frequently Asked Questions

What is Labrador Iron Ore Royalty's stock price target for 2024?: 0 equities research analysts have issued 1-year target prices for Labrador Iron Ore Royalty's shares. Their LIFZF share price targets range from $45.00 to $45.00. On average, they predict the company's stock price to reach $45.00 in the next twelve months. This suggests a possible upside of 104.4% from the stock's current price.
View analysts price targets for LIFZF or view top-rated stocks among Wall Street analysts.
How have LIFZF shares performed in 2024?: Labrador Iron Ore Royalty's stock was trading at $24.0375 at the beginning of the year. Since then, LIFZF shares have decreased by 8.4% and is now trading at $22.02.
View the best growth stocks for 2024 here.
Is Labrador Iron Ore Royalty a good dividend stock?: Labrador Iron Ore Royalty (OTCMKTS:LIFZF) pays an annual dividend of $0.50 per share and currently has a dividend yield of 3.26%. The dividend payout ratio is 21.10%. This payout ratio is at a healthy, sustainable level, below 75%.
How do I buy shares of Labrador Iron Ore Royalty?: Shares of LIFZF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:LIFZF) was last updated on 4/19/2024 by MarketBeat.com Staff

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