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How to buy Labrador Iron Ore Royalty Corporation (LIF) stocks

Learn how to easily invest in Labrador Iron Ore Royalty Corporation stocks.

Labrador Iron Ore Royalty Corporation is a steel business based in Canada. Labrador Iron Ore Royalty Corporation stocks (LIF.TO) are listed on the TO and all prices are listed in Canadian Dollars. Its last market close was C$47.21 – a decrease of 3.95% over the previous week. Labrador Iron Ore Royalty Corporation employs 0 staff and has a trailing 12-month revenue of around C$273.9 million.

How to buy shares in Labrador Iron Ore Royalty Corporation

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – LIF – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Labrador Iron Ore Royalty Corporation stock price (TO:LIF)

Use our graph to track the performance of LIF stocks over time.

Labrador Iron Ore Royalty Corporation shares at a glance

Information last updated 2022-01-25.
Latest market closeC$37.18
52-week rangeC$26.87 - C$46.12
50-day moving average C$37.43
200-day moving average C$41.34
Wall St. target priceC$40.00
PE ratio 6.3602
Dividend yield C$6.65 (16.09%)
Earnings per share (TTM) C$5.87

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Is it a good time to buy Labrador Iron Ore Royalty Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Labrador Iron Ore Royalty Corporation price performance over time

Historical closes compared with the close of C$37.18 from 2022-01-25

1 week (2022-01-19) -3.95%
1 month (2021-12-24) -6.30%
3 months (2021-10-26) 0.19%
6 months (2021-07-26) -24.28%
1 year (2021-01-26) 14.75%
2 years (2020-01-24) 66.80%
3 years (2019-01-25) 48.07%
5 years (2017-01-26) 97.98%

Is Labrador Iron Ore Royalty Corporation under- or over-valued?

Valuing Labrador Iron Ore Royalty Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Labrador Iron Ore Royalty Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Labrador Iron Ore Royalty Corporation's P/E ratio

Labrador Iron Ore Royalty Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 6x. In other words, Labrador Iron Ore Royalty Corporation shares trade at around 6x recent earnings.

Labrador Iron Ore Royalty Corporation financials

Revenue TTM C$273.9 million
Operating margin TTM 76.84%
Gross profit TTM C$195.7 million
Return on assets TTM 16.1%
Return on equity TTM 64.29%
Profit margin 137.13%
Book value C$8.76
Market capitalisation C$2.4 billion

TTM: trailing 12 months

Labrador Iron Ore Royalty Corporation share dividends

Dividend payout ratio: 102.21% of net profits

Recently Labrador Iron Ore Royalty Corporation has paid out, on average, around 102.21% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 16.09% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Labrador Iron Ore Royalty Corporation shareholders could enjoy a 16.09% return on their shares, in the form of dividend payments. In Labrador Iron Ore Royalty Corporation's case, that would currently equate to about C$6.65 per share.

Labrador Iron Ore Royalty Corporation's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Labrador Iron Ore Royalty Corporation's most recent dividend payout was on 26 January 2022. The latest dividend was paid out to all shareholders who bought their shares by 30 December 2021 (the "ex-dividend date").

Have Labrador Iron Ore Royalty Corporation's shares ever split?

Labrador Iron Ore Royalty Corporation's shares were split on a 2:1 basis on 28 June 2011. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Labrador Iron Ore Royalty Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Labrador Iron Ore Royalty Corporation shares which in turn could have impacted Labrador Iron Ore Royalty Corporation's share price.

Labrador Iron Ore Royalty Corporation share price volatility

Over the last 12 months, Labrador Iron Ore Royalty Corporation's shares have ranged in value from as little as C$26.8682 up to C$46.1182. A popular way to gauge a stock's volatility is its "beta".

LIF.TO volatility(beta: 1.32)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (TO average) beta is 1, while Labrador Iron Ore Royalty Corporation's is 1.3239. This would suggest that Labrador Iron Ore Royalty Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Labrador Iron Ore Royalty Corporation overview

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 an iron ores at Labrador City, Newfoundland and Labrador. IOC produces seaborne iron ore pellets; and sells standard and low silica acid, flux, and direct reduction pellets, as well as iron ore concentrate. 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. .

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