Labrador Iron Ore Royalty Corp logo

Labrador Iron Ore Royalty Corp

TSX:LIF (Canada)  
C$ 30.11 (-0.33%) Apr 22
10.42
P/B:
2.93
Market Cap:
C$ 1.93B ($ 1.41B)
Enterprise V:
C$ 1.91B ($ 1.40B)
Volume:
256.72K
Avg Vol (2M):
192.36K
Also Trade In:
Volume:
256.72K
Avg Vol (2M):
192.36K

Business Description

Description
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 an 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 its customers.
Name Current Vs Industry Vs History
Cash-To-Debt No Debt
Equity-to-Asset 0.79
Interest Coverage No Debt
Piotroski F-Score 4/9
0
1
2
3
4
5
6
7
8
9
Altman Z-Score 8.32
Distress
Grey
Safe
Beneish M-Score -2.37
Manipulator
Not Manipulator
WACC vs ROIC
WACC
ROIC
Name Current Vs Industry Vs History
5-Day RSI 53.91
9-Day RSI 55.39
14-Day RSI 53.42
6-1 Month Momentum % -3.27
12-1 Month Momentum % -5.97

Liquidity Ratio

Name Current Vs Industry Vs History
Current Ratio 1.67
Quick Ratio 1.67
Cash Ratio 0.33
Days Sales Outstanding 88.23
Days Payable 81.74

Dividend & Buy Back

Name Current Vs Industry Vs History
Dividend Yield % 8.3
Dividend Payout Ratio 0.88
Forward Dividend Yield % 8.3
5-Year Yield-on-Cost % 29.69
Shareholder Yield % 8.28