Guide to buying Labrador Iron Ore Royalty stock in Canada

Learn how to buy Labrador Iron Ore Royalty stock in Canada, and how to decide if LIF stock is a buy or sell with detailed price, chart and performance metrics.

Labrador Iron Ore Royalty is a steel business based in Canada. Labrador Iron Ore Royalty stocks (LIF) are listed on the Toronto Stock Exchange, and all prices are listed in Canadian Dollars.

Labrador Iron Ore Royalty employs 3 staff and has a trailing 12-month revenue of around C$182.9 million.

Keep reading to see up-to-date Labrador Iron Ore Royalty stock price and performance data, along with a step-by-step guide for how to buy Labrador Iron Ore Royalty stock in Canada.

Labrador Iron Ore Royalty (LIF) stock summary

Company stock name Labrador Iron Ore Royalty Corp
Stock ticker symbol LIF
Exchange Toronto Stock Exchange
52-week stock price range C$25.22 – C$30.03
Where to buy Labrador Iron Ore Royalty stock Buy on CIBC Investor's Edge
All amounts in this table are in CAD.

Can I buy Labrador Iron Ore Royalty stock in Canada?

Yes, you can buy Labrador Iron Ore Royalty stock in Canada. You simply need to open a brokerage account with an online trading platform that supports stocks on the Toronto Stock Exchange (TSX) exchange. Platforms like Interactive Brokers will allow you to directly buy Labrador Iron Ore Royalty stock from within Canada.

How to buy Labrador Iron Ore Royalty stock

Follow these step-by-step instructions to purchase Labrador Iron Ore Royalty (LIF) stock in Canada:
  1. Choose a stock trading platform.
    Compare trading platforms. Choose a trading app with competitive pricing, access to trading tools and a user-friendly interface. (Check out our guide to the best trading apps in Canada.)
  2. Open a trading account.
    To open a trading account, you'll need to provide personal information (like your email, phone number and banking details), verify your identity and complete the sign-up process.
  3. Fund your account.
    Deposit funds into your trading account by linking your bank account via an Electronic Funds Transfer (EFT), wire transfer, cheque deposit or by whatever means the platform supports. Make sure you deposit enough to cover the stock price + any trading fees.
  4. Search for the stock—LIF.
    Look up the stock using its name (Labrador Iron Ore Royalty Corp) or ticker symbol (LIF). Review its current price, recent performance and other relevant data before placing your order.
  5. Complete your purchase of Labrador Iron Ore Royalty stock.
    Choose the number of LIF stocks you want to purchase, place your order, confirm the details and then submit. Once executed, the shares will appear in your trading account.

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Labrador Iron Ore Royalty stock chart (Toronto Stock Exchange (TSX): LIF)

This chart tracks Labrador Iron Ore Royalty stock price performance over time.

Labrador Iron Ore Royalty stock price

We'll update this guide as more Labrador Iron Ore Royalty stock information becomes available.

Is Labrador Iron Ore Royalty stock a buy or sell right now?

The technical analysis gauge above shows real-time buy or sell ratings and analysis for Labrador Iron Ore Royalty stock based on your selected timeframe. It uses three widely followed indicators—moving averages, oscillators and pivots—but this does not represent investment advice or a guarantee of success. Finder may not concur with these signals and accepts no responsibility for the performance of your stocks.

Can I buy Labrador Iron Ore Royalty stock on the TSX?

No, you cannot buy Labrador Iron Ore Royalty stock on the TSX because Labrador Iron Ore Royalty stock is not listed on the TSX. Instead, Labrador Iron Ore Royalty stock is listed on the Toronto Stock Exchange under the symbol "LIF."

That said, if you're wondering how to invest in Labrador Iron Ore Royalty stock in Canada, you still have the option to do so by opening a trading account with a Canadian brokerage that gives you access to Toronto Stock Exchange, like Interactive Brokers.

Labrador Iron Ore Royalty stock dividends

113%

Labrador Iron Ore Royalty dividend payout ratio: 112.72% of net profits

Recently Labrador Iron Ore Royalty has paid out, on average, around 112.72% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.53% 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 shareholders could enjoy a 6.53% return on their shares in the form of dividend payments. In Labrador Iron Ore Royalty's case, that would currently equate to about C$1.95 per share.

Labrador Iron Ore Royalty'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's most recent dividend payout was on October 29, 2025. The latest dividend was paid out to all shareholders who bought their stocks by September 29, 2025 (the "ex-dividend date").

Has Labrador Iron Ore Royalty stock ever split?

Labrador Iron Ore Royalty's stocks were split on a 2:1 basis on June 27, 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 stocks, just the quantity.

However, indirectly, the new 50% lower stock price could have impacted the market appetite for Labrador Iron Ore Royalty stocks, which in turn could have impacted Labrador Iron Ore Royalty's stock price.

How volatile is Labrador Iron Ore Royalty stock?

Over the last 12 months, Labrador Iron Ore Royalty's stocks price has ranged from C$25.22 to as high as C$30.03. Labrador Iron Ore Royalty's beta measurement of stock volatility is 0.93. For comparison, the market (Toronto Stock Exchange) average beta is 1. This would suggest that Labrador Iron Ore Royalty's stocks are less volatile than average (on this exchange).

Some analysists use "beta" to gauge a stock's volatility. Beta is a popular way to measure a stocks volatility in relation to the market. Here is a breakdown of Labrador Iron Ore Royalty's beta stock volatility rating.

LIF.TO volatility(beta: 0.93)Avg. volatility(beta: 1.00)LowHigh

Labrador Iron Ore Royalty company profile

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.

Compare trading platforms to buy Labrador Iron Ore Royalty stock

Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.

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Do I have to pay tax on gains from Labrador Iron Ore Royalty stock sales in Canada?

Yes, you'll need to pay taxes in Canada on investment income, which includes any profit from selling Labrador Iron Ore Royalty stock. The CRA taxes investment income from stocks in Canada based on three main factors:

  1. Investment income. Investment income includes money earned from interest, dividends or capital gains, which may affect how much you have to pay in taxes on stock sales in Canada.
  2. Investor type. Your investment income will be taxed differently depending on whether you're a regular investor or a day trader (which means you buy and trade stocks on a daily basis as your primary form of income).
  3. Tax bracket. The higher your tax bracket, the more you'll pay on income from stock sales. Your tax bracket depends on your gross income (minus deductions).

You can learn more about the tax implications of selling stocks in Canada here.

Frequently asked questions about Labrador Iron Ore Royalty stock

Sources

Important information: Powered by Finder.com. This information is general in nature and is no substitute for professional advice. It does not take into account your personal situation. This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for most investors. You do not own or have any interest in the underlying asset. Capital is at risk, including the risk of losing more than the amount originally put in, market volatility and liquidity risks. Past performance is no guarantee of future results. Tax on profits may apply. Consider the Product Disclosure Statement and Target Market Determination for the product on the provider's website. Consider your own circumstances, including whether you can afford to take the high risk of losing your money and possess the relevant experience and knowledge. We recommend that you obtain independent advice from a suitably licensed financial advisor before making any trades.

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