Labrador Iron Ore Royalty Corporation

Labrador Iron Ore Royalty Corporationverified

LIFZF

Price:

$21.12

Market Cap:

$1.89B

Labrador Iron Ore Royalty Corporation, through its subsidiary, Hollinger-Hanna Limited, holds a 15.10% equity interest in Iron Ore Company of Canada (IOC) that produces and processes iron ores at Labrador City, Newfoundland and Labrador. The company's primary products include standard and low silica acid, flux, direct reduction pellets, and iron ore concentrate, as well as seaborne iron ore pellets. The company was formerly known as Labrador Iron Ore Royalty Income Fund and changed its name to Labrador Iron Ore Royalty Corporation in July 2010. Labrador Iron Ore Royalty Corporation is based in Toronto, Canada.[Read more]

Industry

Steel

IPO Date

2010-08-12

Stock Exchange

PNK

Ticker

LIFZF

The ROE as of November 2024 (TTM) for Labrador Iron Ore Royalty Corporation (LIFZF) is 29.05%

According to Labrador Iron Ore Royalty Corporation’s latest financial reports and current stock price. The company's current ROE is 29.05%. This represents a change of 300.91% compared to the average of 7.25% of the last 4 quarters.

Labrador Iron Ore Royalty Corporation (LIFZF) Historical ROE (quarterly & annually)

How has LIFZF ROE performed in the past?

The mean historical ROE of Labrador Iron Ore Royalty Corporation over the last ten years is 30.57%. The current 29.05% ROE has changed -4.98% with respect to the historical average. Over the past ten years (40 quarters), LIFZF's ROE was at its highest in in the September 2021 quarter at 18.68%. The ROE was at its lowest in in the June 2018 quarter at -0.57%.

Quarterly (TTM)
Annual

Average

30.57%

Median

27.84%

Minimum

9.61%

Maximum

67.33%

Labrador Iron Ore Royalty Corporation (LIFZF) ROE by Quarter and Year

Discovering the peaks and valleys of Labrador Iron Ore Royalty Corporation ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 104.80%

Maximum Annual ROE = 67.33%

Minimum Annual Increase = -46.70%

Minimum Annual ROE = 9.61%

Quarterly (TTM)
Annual
YearROEChange
202328.26%-32.14%
202241.64%-38.15%
202167.33%67.84%
202040.11%4.97%
201938.21%75.73%
201821.75%-20.70%
201727.42%104.80%
201613.39%39.38%
20159.61%-46.70%
201418.02%-29.35%

Labrador Iron Ore Royalty Corporation (LIFZF) Average ROE

How has LIFZF ROE performed in the past?

The current ROE of Labrador Iron Ore Royalty Corporation (LIFZF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

45.74%

5-year avg

43.11%

10-year avg

30.57%

Labrador Iron Ore Royalty Corporation (LIFZF) ROE vs. Peers

How is LIFZF’s ROE compared to its peers?

Labrador Iron Ore Royalty Corporation’s ROE is less than Olympic Steel, Inc. (0%), less than Schnitzer Steel Industries, Inc. (4.69%), greater than Universal Stainless & Alloy Products, Inc. (-7.20%), less than Outokumpu Oyj (11.22%), greater than Usinas Siderúrgicas de Minas Gerais S.A. (-6.74%), less than TimkenSteel Corporation (3.83%), less than POSCO Holdings Inc. (7.59%), less than Nucor Corporation (2.40%), less than United States Steel Corporation (12.20%), less than Reliance Steel & Aluminum Co. (3.48%), less than ArcelorMittal S.A. (13.62%), greater than Commercial Metals Company (-0.58%), less than Steel Dynamics, Inc. (11.42%), less than Cleveland-Cliffs Inc. (19.41%), greater than null (-6.36%),

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