Labrador Iron Ore Royalty Corp LIFZF
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- $15.52
- Day Range
- $15.59–15.74
- 52-Week Range
- $15.30–23.29
- Bid/Ask
- $13.64 / $16.44
- Shares Outstanding
- 64.00M
- Market Cap
- $1.00B
- Volume/Avg
- 13,722 / 32,077
Key Statistics
- Price/Earnings (Normalized)
- 18.09
- Price/Sales
- 9.11
- Dividend Yield (Trailing)
- 5.73%
- Dividend Yield (Forward)
- 5.37%
- Dividend Payment Schedule
- Jan, Apr, Jul, Oct
- Total Yield
- 5.73%
Company Profile
Labrador Iron Ore Royalty Corporation, along with its wholly owned subsidiary, holds approximately fifteen percent interest in Iron Ore Company of Canada (IOC), a North American producer and exporter of iron ore pellets and high-grade concentrate. The company receives approximately seven percent gross overriding royalty on all iron ore products produced, sold, and shipped by IOC and some cents per tonne commission on all iron ore products produced and sold by IOC from the leased lands. Under normal circumstances, Labrador Iron Ore Royalty Corporation pays cash dividends from the free cash flow generated from IOC to the maximum extent possible, subject to the maintenance of appropriate levels of working capital. The firm generates the majority of its revenue in the form of royalty income.
- Sector
- Basic Materials
- Industry
- Steel
- Stock Style Box
- Small Value
- Total Number of Employees
- 2,954
- Website
- https://www.labradorironore.com
Valuation
|
Metric
|
LIFZF
|
|---|---|
Price/Earnings (Normalized) | 18.09 |
Price/Book Value | 2.26 |
Price/Sales | 9.11 |
Price/Cash Flow | 16.38 |
Price/Earnings
LIFZF
Financial Strength
|
Metric
|
LIFZF
|
|---|---|
Quick Ratio | 1.99 |
Current Ratio | 1.99 |
Interest Coverage | — |
Quick Ratio
LIFZF
Profitability
|
Metric
|
LIFZF
|
|---|---|
Return on Assets (Normalized) | 9.62% |
Return on Equity (Normalized) | 12.04% |
Return on Invested Capital (Normalized) | 11.99% |
Return on Assets
LIFZF
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United States