TSE LIF

Labrador Iron Ore Royalty (TSE:LIF)

Affiliate Disclosure

Labrador Iron Ore Royalty Corporation (LIORC) is a Canadian investment company that holds interests in Iron Ore Company of Canada (IOC), a leading North American producer and exporter of premium iron ore pellets and high-grade concentrate. The company has been producing and processing iron ore since 1954 and is among the top five producers of seaborne iron ore pellets in the world. 

LIORC holds a 15.1% equity interest in IOC and receives a 7% gross overriding royalty and a 10 cent per tonne commission on all iron ore products produced, sold, and shipped by IOC. Generally, LIORC pays cash dividends from its net income to the maximum extent possible, subject to the maintenance of appropriate levels of working capital. Since inception, the company has paid out 99% of standardized cash flow. 

LIORC does not control or operate IOC. However, LIORC is indirectly exposed to environmental, social, and other risks arising from IOC’s operations.

Stock Chart & Metrics

  • Ticker: tse:lif
  • Sector: Basic Materials
  • Industry: Steel
  • Market Cap: 1.92B
  • Market Cap Group: Small Cap
  • P/E: 9.54
  • Dividend Yield: 5.99%

Competitors

The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.

Ticker Ticker Company Market Cap P/E Yield Aristocrat Graph SectorID IndustryID
NUE NYSE:NUE Nucor Corporation 41.27 10.12 1.25 YES 1 1 97
STLC TSE:STLC Stelco Holdings 2.32 10.47 4.74 NO 1 1 97
LIF TSE:LIF Labrador Iron Ore Royalty 1.92 9.54 5.99 NO 1 1 97

Labrador Iron Ore Royalty - FAQ

What is the stock ticker for Labrador Iron Ore Royalty?

The stock ticker for Labrador Iron Ore Royalty is TSE:lif.

Is Labrador Iron Ore Royalty a good stock to buy?

You need to consider your investment strategy and how TSE:lif can fit in your portfolio.

The current dividend income score of 8/10 and dividend growth score of 3/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.

Is Labrador Iron Ore Royalty a Buy, Sell or Hold?

The Dividend Snapshot Opportunity Score of 46 out of 100.

The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.

A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.

How can I buy stocks for Labrador Iron Ore Royalty?

You can easily buy the LIF stock with an online trading platform.

Just make sure the stock fits your risk profile and investment goals.


Use A Winning Investment Strategy

My portfolio is generating over 12% annual returns since 2009. It's not from the beginning of the year or from 2019, it's from 2009 !!! That's a consistent return which means using the rule of 72, I double my portfolio every 6 years.

My approach is simple but you need key data that I have cultivated with the Dividend Snapshot Screeners. No other investment services provide you with easy to understand data but also actionable data. No hidden magic.

In fact, I have tried all of the investment services for dividend investors like a crash test dummy of investment services. Just ask me, and you'll learn why there was nothing I could use out there and that's how the Dividend Snapshot Screeners were borned!