Labrador Iron Ore Royalty Corporation
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $23.6688
- Today's High:
- $23.82
- Open Price:
- $23.78
- 52W Low:
- $18.2764
- 52W High:
- $28.7235
- Prev. Close:
- $23.3
- Volume:
- 20571
Company Statistics
- Market Cap.:
- $1.49 billion
- Book Value:
- 10.14
- Revenue TTM:
- $210.17 million
- Operating Margin TTM:
- 75.8%
- Gross Profit TTM:
- $225.90 million
- Profit Margin:
- 99.54%
- Return on Assets TTM:
- 11.97%
- Return on Equity TTM:
- 32.93%
Company Profile
Labrador Iron Ore Royalty Corporation had its IPO on under the ticker symbol LIFZF.
The company operates in the Basic Materials sector and Steel industry. Labrador Iron Ore Royalty Corporation has a staff strength of 0 employees.
Stock update
Shares of Labrador Iron Ore Royalty Corporation opened at $23.78 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $23.67 - $23.82, and closed at $23.74.
This is a +1.89% increase from the previous day's closing price.
A total volume of 20,571 shares were traded at the close of the day’s session.
In the last one week, shares of Labrador Iron Ore Royalty Corporation have increased by +1.24%.
Labrador Iron Ore Royalty Corporation's Key Ratios
Labrador Iron Ore Royalty Corporation has a market cap of $1.49 billion, indicating a price to book ratio of 3.5145 and a price to sales ratio of 6.4208.
In the last 12-months Labrador Iron Ore Royalty Corporation’s revenue was $210.17 million with a gross profit of $225.90 million and an EBITDA of $0. The EBITDA ratio measures Labrador Iron Ore Royalty Corporation's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Labrador Iron Ore Royalty Corporation’s operating margin was 75.8% while its return on assets stood at 11.97% with a return of equity of 32.93%.
In Q2, Labrador Iron Ore Royalty Corporation’s quarterly earnings growth was a negative -47.2% while revenue growth was a negative 22.5%.
Labrador Iron Ore Royalty Corporation’s PE and PEG Ratio
- Forward PE
- 11.3895
- Trailing PE
- 9.7083
- PEG
- 0
Its diluted EPS in the last 12-months stands at $2.4 per share while it has a forward price to earnings multiple of 11.3895 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Labrador Iron Ore Royalty Corporation’s profitability.
Labrador Iron Ore Royalty Corporation stock is trading at a EV to sales ratio of 6.5453 and a EV to EBITDA ratio of 8.5926. Its price to sales ratio in the trailing 12-months stood at 6.4208.
Labrador Iron Ore Royalty Corporation stock pays annual dividends of $2.85 per share, indicating a yield of 9.27% and a payout ratio of 71.96%.
Balance sheet and cash flow metrics
- Total Assets
- $837.41 million
- Total Liabilities
- $52.85 million
- Operating Cash Flow
- $0
- Capital Expenditure
- $0
- Dividend Payout Ratio
- 71.96%
Labrador Iron Ore Royalty Corporation ended 2024 with $837.41 million in total assets and $0 in total liabilities. Its intangible assets were valued at $837.41 million while shareholder equity stood at $648.97 million.
Labrador Iron Ore Royalty Corporation ended 2024 with $0 in deferred long-term liabilities, $52.85 million in other current liabilities, 317708000.00 in common stock, $336.65 million in retained earnings and $0 in goodwill. Its cash balance stood at $23.52 million and cash and short-term investments were $23.52 million. The company’s total short-term debt was $0 while long-term debt stood at $0.
Labrador Iron Ore Royalty Corporation’s total current assets stands at $82.61 million while long-term investments were $528.93 million and short-term investments were $0. Its net receivables were $59.09 million compared to accounts payable of $11.25 million and inventory worth $0.
In 2024, Labrador Iron Ore Royalty Corporation's operating cash flow was $0 while its capital expenditure stood at $0.
Comparatively, Labrador Iron Ore Royalty Corporation paid $0.72 in dividends in 2024.
Other key metrics
- Current Trading Price
- $23.74
- 52-Week High
- $28.7235
- 52-Week Low
- $18.2764
- Analyst Target Price
- $
Labrador Iron Ore Royalty Corporation stock is currently trading at $23.74 per share. It touched a 52-week high of $28.7235 and a 52-week low of $28.7235. Analysts tracking the stock have a 12-month average target price of $.
Its 50-day moving average was $22.98 and 200-day moving average was $23.73 The short ratio stood at 0 indicating a short percent outstanding of 0%.
Around 6.8% of the company’s stock are held by insiders while 2279.1% are held by institutions.
Frequently Asked Questions About Labrador Iron Ore Royalty Corporation
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About
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, and iron ore concentrate, as well as 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. Labrador Iron Ore Royalty Corporation is based in Toronto, Canada.