Labrador Iron Ore Royalty Corporation (LIFZF) Stock

About Labrador Iron Ore Royalty Corporation

Labrador Iron Ore Royalty Corporation (LIFZF) holds a 15.10% equity interest in the Iron Ore Company of Canada (IOC), with this ownership managed via its subsidiary, Hollinger-Hanna Limited. The IOC specializes in the extraction and refinement of iron ores at its operations situated in Labrador City, Newfoundland and Labrador. The diverse range of offerings stemming from these activities includes standard and low-silica acid, flux, direct reduction pellets, iron ore concentrate, and seaborne iron ore pellets. Headquartered in Toronto, Canada, the corporation formally adopted its current name in July 2010, having previously been known as Labrador Iron Ore Royalty Income Fund.

Labrador Iron Ore Royalty Corporation is headquartered in CA.

Labrador Iron Ore Royalty Corporation (LIFZF) stock trades at $18.37 with a market capitalization of $1.18B. The stock is valued at a price-to-earnings (P/E) ratio of 17.72, price-to-book of 2.59, price-to-sales of 9.99. Over the past 52 weeks the stock has ranged between $18.02 and $23.29, and currently trades 21.1% below its 52-week high. It pays a dividend yielding 4.57%.

On profitability, Labrador Iron Ore Royalty Corporation generates a return on equity (ROE) of 14.38%, above the typical market average, return on capital employed of 16.09%, an operating margin of 74.82%, a net profit margin of 55.72%.

Official website: www.labradorironore.com