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LABRADOR IRON ORE ROYALTY CORPORATION (LIF)
EquityOpen
29.02 CAD
Previous close
29.24 CAD
Trade high
29.29 CAD
Volume
229,818
Year high
33.97 CAD
Year low
25.85 CAD
Dividend yield
10.43%
Market capitalisation
1.87 bn CAD
P/E ratio
10.71
ISIN
CA5054401073
This share can be held in a Dealing accountStocks and shares ISALifetime ISAJISASIPP
Share price
Company profile
Labrador Iron Ore Royalty Corporation is a Canadian corporation. The company is economically dependent on its subsidiary. The company, through its subsidiary, is engaged in mining the iron ore present on the IOC Lands leased under the Labrador Sublease and operating the associated mining facilities and plants required for the production of iron ore concentrate and pellets. These facilities are located at Labrador City. In normal circumstances, the subsidiary operates its facilities 24 hours a day on a year-round basis. The company generates the majority of its revenue from IOC royalties.
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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