Labrador Iron Ore Royalty (TSE:LIF) Issues Quarterly Earnings Results

Posted by Joseph Griffin on May 4th, 2026

Labrador Iron Ore Royalty (TSE:LIF – Get Free Report) posted its quarterly earnings results on Monday. The company reported C$0.21 earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of C$35.75 million for the quarter. Labrador Iron Ore Royalty had a net margin of 60.64% and a return on equity of 15.70%.

Labrador Iron Ore Royalty Stock Performance

Shares of TSE:LIF traded down C$0.27 during trading on Monday, reaching C$28.00. The stock had a trading volume of 121,136 shares, compared to its average volume of 234,468. The firm’s fifty day moving average is C$29.35 and its 200 day moving average is C$29.64. Labrador Iron Ore Royalty has a 52 week low of C$26.21 and a 52 week high of C$31.97. The stock has a market cap of C$1.79 billion, a price-to-earnings ratio of 17.83, a P/E/G ratio of 0.94 and a beta of 0.34.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Scotiabank lifted their price objective on shares of Labrador Iron Ore Royalty from C$28.00 to C$30.00 in a research note on Thursday, January 8th. TD Securities decreased their price target on shares of Labrador Iron Ore Royalty from C$30.00 to C$29.00 and set a “hold” rating on the stock in a report on Friday, March 13th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of C$29.50.

View Our Latest Stock Report on LIF

About Labrador Iron Ore Royalty

(Get Free Report)

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 a major 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.