Labrador Iron Ore Royalty Corporation (T:LIF)
Business Focus: Iron Ore Mining
Cloudy as of April 01, 2024
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Insider Filings
Latest 10 SEDI filings for LIF within the last 6 months
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Company News
Apr 17, 2024 08:09 ET
LABRADOR IRON ORE ROYALTY CORPORATION (TSX: LIF) - RIO TINTO RELEASES IOC PRODUCTION AND SALES INFORMATION
TORONTO, April 17, 2024 /CNW/ - Rio Tinto released its quarterly operational report for the first quarter ending March 31, 2024, which included Iron Ore Company of Canada (IOC) production and sales information. Specifically, Rio Tinto announced that in the first quarter of 2024, IOC had total saleable iron ore production of 4.45 million tonnes, comprised of 2.53 million tonnes of pellets and 1.92 million tonnes of concentrate for sale (CFS). Rio Tinto also announced that IOC had total iron ore sales in the first quarter of 2024 of 4.52 million tonnes, comprised of 2.54 million tonnes of pel
Mar 12, 2024 20:01 ET
LABRADOR IRON ORE ROYALTY CORPORATION - 2023 RESULTS OF OPERATIONS
TORONTO, March 12, 2024 /CNW/ - Labrador Iron Ore Royalty Corporation (TSX: LIF) announced the results of its operations for the year ended December 31, 2023.
Valuation Ratios
Industry
Sector
Beta
1.10
--
--
Price to Sales - TTM
9.48
4.88
4.47
Price to Book - most recent quarter
2.90
1.09
2.00
Price to Cash Flow per share - TTM
9.92
9.07
9.39
Price to Free Cash Flow per share - TTM
--
3.27
20.54
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 15, 2024 | 833,072 | 149,425 |
| Mar 31, 2024 | 683,647 | -135,073 |
| Mar 15, 2024 | 818,720 | 145,078 |
Business Summary
| Sector: Basic Materials | Industry: Iron & Steel |
Labrador Iron Ore Royalty Corporation is a Canada-based investment company. The Company holds interests in the Iron Ore Company of Canada (IOC), which is a North American producer and exporter of iron ore pellets and high-grade concentrate. The Company, through its wholly owned subsidiary, Hollinger Hanna Limited (Hollinger-Hanna), holds an approximately 15.10% equity interest in IOC. It holds an approximately 15.10% equity interest in IOC and receives approximately 7% gross overriding royalty and a 10% per ton commission on all iron ore products produced, sold, and shipped by IOC. IOC operates mine, concentrator and pellet plant at Labrador City, Newfoundland, and Labrador. The IOC mines and produces iron ore pellets and concentrates at its facilities in Labrador City, Newfoundland, and Labrador. The Company holds mining leases and mining licenses covering approximately 18,200 hectares of land near Labrador City.
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