Labrador Iron Ore Stock Today

LIF Stock  CAD 29.59  0.33  1.10%   


0 of 100

Very Weak

Odds Of Distress

Less than 9

Labrador Iron is selling at 29.59 as of the 17th of April 2024; that is -1.1 percent decrease since the beginning of the trading day. The stock's open price was 29.92. Labrador Iron has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Labrador Iron Ore are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of March 2024 and ending today, the 17th of April 2024. Click here to learn more.
Business Domain
Basic Materials
Labrador Iron Ore Royalty Corporation, together with its subsidiary, Hollinger-Hanna Limited, owns a 15.10 percent equity interest in Iron Ore Company of Canada that operates an iron mine at Labrador City, Newfoundland and Labrador. Labrador Iron Ore Royalty Corporation is based in Toronto, Canada. The company has 64 M outstanding shares of which 683.65 K shares are now shorted by private and institutional investors with about 3.04 days to cover all short positions. More on Labrador Iron Ore

Moving against Labrador Stock

  0.81CYB CymbriaPairCorr

Labrador Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Labrador Iron's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Labrador Iron or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO and President and DirectorBruce Bone
Thematic IdeaIron (View all Themes)
Business ConcentrationMetals & Mining, Materials, Basic Materials, Iron, Materials, Metals & Mining, Steel, Basic Materials (View all Sectors)
Labrador Iron Ore (LIF) is traded on Toronto Exchange in Canada and employs 15 people. Labrador Iron is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.91 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Labrador Iron's market, we take the total number of its shares issued and multiply it by Labrador Iron's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Labrador Iron Ore operates under Metals & Mining sector and is part of Materials industry. The entity has 64 M outstanding shares of which 683.65 K shares are now shorted by private and institutional investors with about 3.04 days to cover all short positions. Labrador Iron Ore has accumulated about 36.53 M in cash with 152.49 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.57.
Check Labrador Iron Probability Of Bankruptcy
Ownership Allocation
Labrador Iron Ore holds a total of 64 Million outstanding shares. Roughly 78.0 % of Labrador Iron outstanding shares are held by general public with 0.06 pct. owned by insiders and only 21.5 % by institutional investors. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Labrador Ownership Details

Labrador Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Labrador Iron jumping above the current price in 90 days from now is about 71.13%. The Labrador Iron Ore probability density function shows the probability of Labrador Iron stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Labrador Iron has a beta of 0.4599. This indicates as returns on the market go up, Labrador Iron average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Labrador Iron Ore will be expected to be much smaller as well. Additionally, labrador Iron Ore has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 29.59HorizonTargetOdds Above 29.59
28.64%90 days
Based on a normal probability distribution, the odds of Labrador Iron to move above the current price in 90 days from now is about 71.13 (This Labrador Iron Ore probability density function shows the probability of Labrador Stock to fall within a particular range of prices over 90 days) .

Labrador Iron Ore Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Labrador Iron market risk premium is the additional return an investor will receive from holding Labrador Iron long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Labrador Iron. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Labrador Iron's alpha and beta are two of the key measurements used to evaluate Labrador Iron's performance over the market, the standard measures of volatility play an important role as well.

Labrador Stock Against Markets

Picking the right benchmark for Labrador Iron stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Labrador Iron stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Labrador Iron is critical whether you are bullish or bearish towards Labrador Iron Ore at a given time. Please also check how Labrador Iron's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Labrador Iron without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Labrador Iron Corporate Directors

Labrador Iron corporate directors refer to members of a Labrador Iron board of directors. The board of directors generally takes responsibility for the Labrador Iron's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Labrador Iron's board members must vote for the resolution. The Labrador Iron board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Duncan JackmanIndependent DirectorProfile
Patricia VolkerIndependent DirectorProfile
Sandra RoschExecutive VP, Director, Member of Audit Committee, Member of Nominating Committee and Member of Compensation CommitteeProfile
Paul PalmerIndependent DirectorProfile

How to buy Labrador Stock?

Before investing in Labrador Iron, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Labrador Iron. To buy Labrador Iron stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Labrador Iron. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Labrador Iron stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Labrador Iron Ore stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Labrador Iron Ore stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Labrador Iron Ore, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Labrador Iron Ore?

The danger of trading Labrador Iron Ore is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Labrador Iron is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Labrador Iron. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Labrador Iron Ore is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Labrador Iron Ore. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Note that the Labrador Iron Ore information on this page should be used as a complementary analysis to other Labrador Iron's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Labrador Stock analysis

When running Labrador Iron's price analysis, check to measure Labrador Iron's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Labrador Iron is operating at the current time. Most of Labrador Iron's value examination focuses on studying past and present price action to predict the probability of Labrador Iron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Labrador Iron's price. Additionally, you may evaluate how the addition of Labrador Iron to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Labrador Iron's value and its price as these two are different measures arrived at by different means. Investors typically determine if Labrador Iron is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Labrador Iron's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.