TSE:LIF

Labrador Iron Ore Royalty (LIF.TO)

25.49
+0.13 (0.51%)
as of Sep 15, 2026, 8:00:00 pm Market Open.
229 watching
0
TOP PICK
Likes what is happening in terms of Chinese demand for iron ore. Iron ore companies are going to do very well. No debt. 5.88% yield.
PAST TOP PICK
(A Top Pick Apr 1/08. Down 31.12%.) Improved considerably over the past few months. Distribution should be safe. Probably the longest stated reserve life in the world.
PAST TOP PICK
(A Top Pick May 23/08. Down 36.99%.) Sold it in July and bought it back in March. Lightened up on it a day or so ago. Thinks it will lead in the economic rebound.
SELL
(Market Call Minute.) Iron ore prices are going to come down. Rio Tinto (RTP-N) just negotiated with the Japanese and iron ore prices came down 33%. Thinks Chinese will be tougher negotiators.
WATCH
Would be a little bit patient as there could be a bit of a pullback. Pretty safe revenue stream because it is a royalty but is very much predicated on iron ore contracts, which have not been settled for this year yet. Wait for some clarity on this.
PAST TOP PICK
(Top Pick Apr 1/08 Down 46%) Totally reliable company. 7.7% yield.
TOP PICK
Owns 7% royalties and has a 15% stake in Iron Ore Company of Canada. Really a royalty stream. This year he is expecting about $2 per share, which gives about 10% yield.
BUY
Iron ore inventory seems to be clearing up now, which will bode well for the iron ore price negotiations. Good safe dividend. No balance sheet issues. 7.75% yield.
HOLD
All the metals have been hammered. Distribution is not necessarily safe, but doubts it will be cut to zero. Have some tremendous competitive advantages. Low cost producer and ship globally. Will be a good source of return if you wait 3 to 5 years.
COMMENT
(Market Call Minute.) One of the few names that ranks well globally. Will be under pressure because of concerns about steel.
BUY
(Market Call Minute.) $84 million in cash. No debt. Market is punishing it based on iron ore prices.
TOP PICK
Cyclical business and we are going into recession, but the assets are multi-decade assets. No debt. Have generated free cash flow year after year.
COMMENT
Demand for China will probably decrease. Thinks the distribution is likely safe. Low cost producer and well run. Not a guarantee as commodity prices could fluctuate wildly from here.
COMMENT
Likes the entire steel story and metallurgical coal. On his radar screen but doesn't own it. Hasn't studied it well enough but it could be an interesting Buy.
BUY
34% ROE, which is a rate you would only see 3% of the time historically. Good profit growth.
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