Company Labrador Iron Ore Royalty Corporation

Equities

LIF

CA5054401073

Iron & Steel

Market Closed - Toronto S.E. 04:00:00 2024-03-18 pm EDT 5-day change 1st Jan Change
29.22 CAD +0.07% Intraday chart for Labrador Iron Ore Royalty Corporation -2.96% -8.40%

Business Summary

Labrador Iron Ore Royalty Corporation is a Canada-based investment company. The Company holds interests in the Iron Ore Company of Canada (IOC), which is a North American producer and exporter of iron ore pellets and high-grade concentrate. The Company, through its wholly owned subsidiary, Hollinger Hanna Limited (Hollinger-Hanna), holds an approximately 15.10% equity interest in IOC. It holds an approximately 15.10% equity interest in IOC and receives approximately 7% gross overriding royalty and a 10% per ton commission on all iron ore products produced, sold, and shipped by IOC. IOC operates mine, concentrator and pellet plant at Labrador City, Newfoundland, and Labrador. The IOC mines and produces iron ore pellets and concentrates at its facilities in Labrador City, Newfoundland, and Labrador. The Company holds mining leases and mining licenses covering approximately 18,200 hectares of land near Labrador City.

Sales per Business

CAD in Million2022Weight2023Weight Delta
Iron Ore Company of Canada Royalties
99.2 %
231 99.3 % 199 99.2 % -13.93%
Iron Ore Company of Canada Commissions
0.8 %
2 0.7 % 2 0.8 % -0.56%

Sales per region

CAD in Million2022Weight2023Weight Delta
Canada
100.0 %
232 100.0 % 200 100.0 % -13.84%

Managers

Managers TitleAgeSince
Chief Executive Officer - 17-12-14
Director of Finance/CFO 81 03-12-31
Chairman - 15-05-27
Corporate Secretary - -
Corporate Officer/Principal 86 10-06-30

Members of the board

Members of the board TitleAgeSince
Corporate Officer/Principal 86 10-06-30
Director/Board Member - 19-12-31
Director/Board Member 59 19-12-31
Director of Finance/CFO 81 03-12-31
Director/Board Member - 14-05-28
Director/Board Member 65 14-05-28
Director/Board Member - 14-05-28
Chairman - 15-05-27
Chief Executive Officer - 17-12-14

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 64,000,000 63,956,800 ( 99.93 %) 0 99.93 %

Shareholders

NameEquities%Valuation
Sentry Investments, Inc.
1.238 %
792,628 1.238 % 18 M $
Brompton Funds Ltd.
0.8780 %
561,892 0.8780 % 12 M $
Barclays Global Investors (Canada) Ltd.
0.6186 %
395,892 0.6186 % 9 M $
Scotia Managed Companies Administration, Inc.
0.6060 %
387,871 0.6060 % 9 M $
Manulife Investment Management Ltd.
0.5912 %
378,388 0.5912 % 8 M $
Middlefield Capital Corp.
0.4381 %
280,400 0.4381 % 6 M $
Franklin Bissett Investment Management
0.4017 %
257,100 0.4017 % 6 M $
Shaunessy Investment Counsel, Inc.
0.2876 %
184,036 0.2876 % 4 M $
CM Investment Management, Inc.
0.2625 %
168,000 0.2625 % 4 M $
Stanton Asset Management, Inc.
0.2288 %
146,450 0.2288 % 3 M $

Company contact information

Labrador Iron Ore Royalty Corp.

31 Adelaide Street East

M5C 2K3, Toronto

+

http://www.labradorironore.com
address Labrador Iron Ore Royalty Corporation(LIF)

Sales per Business

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
6
Last Close Price
29.22 CAD
Average target price
34.83 CAD
Spread / Average Target
+19.21%
Consensus