Labrador Iron Ore Royalty (Labrador Iron Ore Royalty) Marketable Securities : $0.0 Mil (As of Dec. 2023)

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What is Labrador Iron Ore Royalty Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Labrador Iron Ore Royalty's Marketable Securities for the quarter that ended in Dec. 2023 was $0.0 Mil.

Labrador Iron Ore Royalty Marketable Securities Historical Data

The historical data trend for Labrador Iron Ore Royalty's Marketable Securities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Labrador Iron Ore Royalty Marketable Securities Chart

Labrador Iron Ore Royalty Annual Data

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Marketable Securities

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Labrador Iron Ore Royalty Quarterly Data
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Labrador Iron Ore Royalty Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Labrador Iron Ore Royalty (OTCPK:LIFZF) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Labrador Iron Ore Royalty Marketable Securities Related Terms

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Labrador Iron Ore Royalty (Labrador Iron Ore Royalty) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Labrador Iron Ore Royalty Corp (OTCPK:LIFZF) » Definitions » Marketable Securities

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LIF:Canada

Address

235 Water Street, P.O. Box 610, Suite 1000, Scotia Centre, St. John’s, NL, CAN, A1C 5L3

Website

https://www.labradorironore.com

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. IOC is a Canadian producer of iron ore pellets and concentrate, serving customers worldwide.

Labrador Iron Ore Royalty (Labrador Iron Ore Royalty) Headlines

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