Labrador Iron Ore Royalty CorporationLIF.TO

$28.36-0.27 (-0.94%)
TSXBasic Materials24:00 UTC

Company snapshot

Market Cap
$2B
Small-cap
+133%
2016 — today
10-Year Price
+136%
2016 — today
52-Week Range
$26.24$31.85
Current $28.36· 38%

Labrador Iron Ore Royalty Corporation maintains a substantial 15.10% ownership stake in the Iron Ore Company of Canada (IOC) via its subsidiary, Hollinger-Hanna Limited. The IOC specializes in the mining and refinement of iron ores at its operations situated in Labrador City, Newfoundland and Labrador. The diverse range of products generated from these activities includes standard and low-silica acid, flux, direct reduction pellets, iron ore concentrate, and seaborne iron ore pellets. This corporation, whose primary base is in Toronto, Canada, transitioned to its current name, Labrador Iron Ore Royalty Corporation, in July 2010, having previously operated as Labrador Iron Ore Royalty Income Fund.

Valuation in context

P/E ratio
19.4
Near historic high
Near historic highs — last 10 years
P/B ratio
2.8
Below average
Below the 10-year average
EV / EBITDA
14.3
Historically pricey
Historically pricey — last 10 years
Dividend Yield
4.8%
Near historic low
Near historic low — last 10 years
FCF Yield
5.3%
Near historic low
Near historic low — last 10 years
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