Labrador Iron Ore Royalty Co. (TSE:LIF - Free Report) - Investment analysts at Scotiabank dropped their FY2026 earnings per share (EPS) estimates for shares of Labrador Iron Ore Royalty in a research note issued to investors on Wednesday, March 19th. Scotiabank analyst O. Wowkodaw now expects that the company will post earnings per share of $2.61 for the year, down from their prior estimate of $2.73. The consensus estimate for Labrador Iron Ore Royalty's current full-year earnings is $3.74 per share.
Other analysts also recently issued reports about the company. TD Securities downgraded Labrador Iron Ore Royalty from a "strong-buy" rating to a "hold" rating in a research report on Thursday, March 13th. Royal Bank of Canada dropped their target price on Labrador Iron Ore Royalty from C$38.00 to C$36.00 and set a "sector perform" rating for the company in a research report on Thursday, March 13th.
Check Out Our Latest Stock Report on Labrador Iron Ore Royalty
Shares of TSE:LIF opened at C$30.16 on Monday. The business has a 50-day moving average price of C$30.34 and a 200 day moving average price of C$30.38. The company has a market capitalization of C$1.94 billion, a price-to-earnings ratio of 9.88, a PEG ratio of 0.94 and a beta of 1.10. Labrador Iron Ore Royalty has a 12-month low of C$28.40 and a 12-month high of C$33.97.
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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