LIF.TO · Labrador Iron Ore Royalty Corporation

-

Please sign in to comment on LIF.TO

1 Comment

Admin

4 years ago

Labrador Iron Ore Royalty Corporation is currently in a long term uptrend where the price is trading 34.6% above its 200 day moving average.

From a valuation standpoint, the stock is 97.6% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 11.8.

Labrador Iron Ore Royalty Corporation's total revenue rose by 38.3% to $54M since the same quarter in the previous year.

Its net income has increased by 56.0% to $74M since the same quarter in the previous year.

Finally, its free cash flow grew by 46.7% to $116M since the same quarter in the previous year.

Based on the above factors, Labrador Iron Ore Royalty Corporation gets an overall score of 5/5.

Sector	Basic Materials
Exchange	TO
CurrencyCode	CAD
ISIN	CA5054401073
Industry	Steel

PE Ratio	10.35
Market Cap	2B
Target Price	31.3
Dividend Yield	11.%
Beta	1.12

ABOUT

Labrador Iron Ore Royalty Corporation

Labrador Iron Ore Royalty Corporation, through its subsidiary, Hollinger-Hanna Limited, holds a 15.10% equity interest in Iron Ore Company of Canada that produces and processes iron ores in Canada. The company offers standard and low silica acid, low silica flux, and direct reduction pellets; iron ore concentrates; and seaborne iron ore pellets. It also operates an iron mine, concentrator, and pellet plant at Labrador City, Newfoundland, and Labrador. The company was formerly known as Labrador Iron Ore Royalty Income Fund. Labrador Iron Ore Royalty Corporation was incorporated in 2010 and is based in Toronto, Canada.

LIF.TO · Labrador Iron Ore Royalty Corporation

-

Labrador Iron Ore Royalty Corporation

Earnings

Valuation

Cash Flow

Profitability

Performance

Backtest Labrador Iron Ore Royalty Corporation using a moving average strategy