What is Scotiabank’s Forecast for TSE:LIF FY2025 Earnings?

Labrador Iron Ore Royalty Co. (TSE:LIF) – Investment analysts at Scotiabank decreased their FY2025 earnings per share estimates for shares of Labrador Iron Ore Royalty in a research report issued on Tuesday, July 15th. Scotiabank analyst O. Wowkodaw now forecasts that the company will post earnings of $2.14 per share for the year, down from their prior estimate of $2.33. The consensus estimate for Labrador Iron Ore Royalty’s current full-year earnings is $3.74 per share. Scotiabank also issued estimates for Labrador Iron Ore Royalty’s FY2025 earnings at $2.14 EPS, FY2026 earnings at $2.32 EPS and FY2026 earnings at $2.32 EPS.

Labrador Iron Ore Royalty Trading Down 1.5%

TSE LIF opened at C$27.40 on Friday. The stock’s 50 day moving average is C$28.40 and its 200 day moving average is C$29.18. Labrador Iron Ore Royalty has a 12 month low of C$25.85 and a 12 month high of C$33.97. The stock has a market cap of C$1.76 billion, a PE ratio of 8.97, a P/E/G ratio of 0.94 and a beta of 1.10.

About Labrador Iron Ore Royalty

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.