Labrador Iron Ore Royalty Co. (TSE:LIF – Free Report) – Investment analysts at Scotiabank lifted their FY2025 earnings per share estimates for Labrador Iron Ore Royalty in a research note issued on Wednesday, January 8th. Scotiabank analyst O. Wowkodaw now expects that the company will earn $2.93 per share for the year, up from their prior estimate of $2.44. The consensus estimate for Labrador Iron Ore Royalty’s current full-year earnings is $3.74 per share.
Labrador Iron Ore Royalty Price Performance
TSE:LIF opened at C$29.48 on Friday. The firm’s 50-day moving average price is C$29.59 and its 200-day moving average price is C$30.27. The company has a market capitalization of C$1.89 billion, a PE ratio of 8.88, a P/E/G ratio of 0.94 and a beta of 1.10. Labrador Iron Ore Royalty has a 1-year low of C$28.48 and a 1-year high of C$33.97.
About Labrador Iron Ore Royalty
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.
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