Labrador Iron Ore Royalty Corp
LIF
ISIN null / Valor 11370010
Labrador Iron Ore Royalty Corp
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About company
Labrador Iron Ore Royalty Corporation (LIORC) is a Canadian publicly traded entity that offers investors a unique opportunity to gain exposure to the iron ore market. The company holds a strategic position through its royalty, commission, and minority equity interests in the Iron Ore Company of Canada (IOC), a prominent North American producer and exporter of premium iron ore pellets and high-grade concentrate. LIORC's business model is centered around generating revenue from its investments in IOC, which operates a significant mining and processing facility in Labrador City, Newfoundland and Labrador. This facility is integral to the production of iron ore products that are in demand globally, particularly in the steel manufacturing industry. By leveraging its interests in IOC, LIORC provides its shareholders with a stable income stream derived from the royalties and commissions associated with the production and sale of iron ore.
Summarized from source with an LLMView SourceSector: EnergyKey figures
Performance
Volatility
1282 M
Market cap (USD)
271,787
Daily traded volume (Shares)
29.71 / 29.13
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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