Labrador Iron Ore Royalty (TSE:LIF) Issues Quarterly Earnings Results

Labrador Iron Ore Royalty (TSE:LIF – Get Free Report) announced its quarterly earnings results on Wednesday. The company reported C$0.17 EPS for the quarter, FiscalAI reports. Labrador Iron Ore Royalty had a return on equity of 14.38% and a net margin of 55.72%.The company had revenue of C$33.97 million for the quarter.

Labrador Iron Ore Royalty Trading Up 1.2%

TSE:LIF opened at C$27.32 on Thursday. Labrador Iron Ore Royalty has a 1 year low of C$25.26 and a 1 year high of C$31.97. The firm’s fifty day simple moving average is C$27.49 and its 200 day simple moving average is C$28.70. The firm has a market capitalization of C$1.75 billion, a PE ratio of 18.84, a PEG ratio of 0.94 and a beta of 0.33.

Get Labrador Iron Ore Royalty alerts:

About Labrador Iron Ore Royalty

(Get Free Report)

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. Directly and through its wholly-owned subsidiary, Hollinger-Hanna, LIORC owns an equity interest in IOC and receives gross overriding royalty on all iron ore products produced from the leased lands that are sold and shipped by IOC and commission on IOC’s sales of iron ore.

See Also

• Five stocks we like better than Labrador Iron Ore Royalty
• These Outperforming Giants Are Boosting Dividends in 2026, With Yields of Up to 6.6%
• Why Analysts Are Bullish on a Stock That’s Down 20%
• SpaceX: Love the Company, But the Stock Is a Harder Call
• Ulta’s Growth Is Real, But So Are the Risks

Receive News & Ratings for Labrador Iron Ore Royalty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Labrador Iron Ore Royalty and related companies with MarketBeat.com's FREE daily email newsletter.