Labrador Iron Ore Royalty Corp LIF
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
- CAD 33.42
- Day Range
- CAD 32.50–32.99
- 52-Week Range
- CAD 28.48–33.97
- Bid/Ask
- CAD 32.45 / CAD 32.45
- Market Cap
- CAD 2.08 Bil
- Volume/Avg
- 313,284 / 246,885
Key Statistics
- Price/Earnings (Normalized)
- 9.91
- Price/Sales
- 9.85
- Dividend Yield (Trailing)
- 8.31%
- Dividend Yield (Forward)
- 8.31%
- Total Yield
- 8.31%
Company Profile
Labrador Iron Ore Royalty Corporation is a Canadian corporation. The company generates all of its revenue from its equity investment in Iron Ore Company of Canada, (IOC) and its IOC royalty and commission interests. IOC operates an iron mine near Labrador City, Newfoundland, and Labrador on lands leased from LIORC. Directly and through its wholly-owned subsidiary, Hollinger-Hanna, LIORC owns an equity interest in IOC and receives gross overriding royalty on all iron ore products produced from the leased lands that are sold and shipped by IOC and commission on IOC's sales of iron ore. IOC is a Canadian producer of iron ore pellets and concentrate, serving its customers.
- Sector
- Basic Materials
- Industry
- Steel
- Stock Style Box
- Small Value
- Total Number of Employees
- 2,989
- Website
- https://www.labradorironore.com
Comparables
Valuation
|
Metric
|
LIF
|
CIA
|
601121
|
|---|---|---|---|
Price/Earnings (Normalized) | 9.91 | 11.30 | 42.43 |
Price/Book Value | 3.10 | 2.48 | 1.55 |
Price/Sales | 9.85 | 2.03 | 4.13 |
Price/Cash Flow | 10.40 | 6.61 | 11.76 |
Price/Earnings
LIF
CIA
601121
Financial Strength
|
Metric
|
LIF
|
CIA
|
601121
|
|---|---|---|---|
Quick Ratio | 1.35 | 1.28 | 1.76 |
Current Ratio | 1.35 | 2.42 | 2.11 |
Interest Coverage | — | 13.60 | 42.92 |
Quick Ratio
LIF
CIA
601121
Profitability
|
Metric
|
LIF
|
CIA
|
601121
|
|---|---|---|---|
Return on Assets (Normalized) | 24.55% | 12.02% | 1.89% |
Return on Equity (Normalized) | 31.82% | 23.37% | 3.83% |
Return on Invested Capital (Normalized) | 31.66% | 16.83% | 2.73% |
Return on Assets
LIF
CIA
601121
Steel Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Nucor Corp
NUE
| Cptlnzvrt | Zbht | $35.6 Bil | |||
| POSCO Holdings Inc ADR
PKX
| Yqndnsvm | Mwgzg | $22.3 Bil | |||
| Nippon Steel Corp
NISTF
| — | Wxlp | $21.2 Bil | |||
| Nippon Steel Corp ADR
NPSCY
| — | Qhbk | $21.2 Bil | |||
| ArcelorMittal SA New Reg.Shs ex-Arcelor
AMSYF
| Ghgtzbpkj | Ckprg | $20.4 Bil | |||
| ArcelorMittal SA Depository Receipt
MT
| Kkjc | Mft | $20.4 Bil | |||
| Steel Dynamics Inc
STLD
| Znwkrnymhv | Gxwt | $19.4 Bil | |||
| Reliance Inc
RS
| Fscngjjyt | Fgvy | $15.9 Bil | |||
| China Steel Corp DR
CISXF
| — | Zck | $11.2 Bil | |||
| United States Steel Corp
X
| Snrqdlgt | Fmvk | $8.0 Bil |
United States