Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Likes it for income and the dividend payout is sustainable against cash flow. Not overly expensive at 9x earnings. More room for upside. Unlock Premium - Try 5i Free
It's a royalty company, receiving royalties from Rio Tinto. That dividend is adjusted annually and varies year to year. LIF has had a huge run like many base metal stocks. LIF-T suffered supply constraints due to problems in South America and Covid delays. The Canadian mine delivered a stable supply though. Question is: Do we get the commodity supercycle investment? Is there another leg higher with these metals companies? He's skeptical. He prefers copper to iron ore. There will be bumps with the coming supercycle, so hold LIF or wait for a better entry point.
It's a royalty company, receiving royalties from Rio Tinto. That dividend is adjusted annually and varies year to year. LIF has had a huge run like many base metal stocks. LIF-T suffered supply constraints due to problems in South America and Covid delays. The Canadian mine delivered a stable supply though. Question is: Do we get the commodity supercycle investment? Is there another leg higher with these metals companies? He's skeptical. He prefers copper to iron ore. There will be bumps with the coming supercycle, so hold LIF or wait for a better entry point.
In the industrial base metal space in Canada, there is WTE-T and LIF-T. Both are very fairly priced right now. A highly commodity focused and cyclical business. This space is best to buy into when stock prices have been really hard hit. Global growth for steel trade is becoming a concern. It is not a good time to enter. The yield on LIF-T is 3.8%.
In the industrial base metal space in Canada, there is WTE-T and LIF-T. Both are very fairly priced right now. A highly commodity focused and cyclical business. This space is best to buy into when stock prices have been really hard hit. Global growth for steel trade is becoming a concern. It is not a good time to enter. The yield on LIF-T is 3.8%.
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 5
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 6
Labrador Iron Ore Royalty is a Canadian stock, trading under the symbol LIF-T on the Toronto Stock Exchange (LIF-CT). It is usually referred to as TSX:LIF or LIF-T
In the last year, 6 stock analysts published opinions about LIF-T. 5 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Labrador Iron Ore Royalty.
Labrador Iron Ore Royalty was recommended as a Top Pick by Stockchase Insights on 2021-06-14. Read the latest stock experts ratings for Labrador Iron Ore Royalty.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
6 stock analysts on Stockchase covered Labrador Iron Ore Royalty In the last year. It is a trending stock that is worth watching.
On 2021-06-15, Labrador Iron Ore Royalty (LIF-T) stock closed at a price of $45.68.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Likes it for income and the dividend payout is sustainable against cash flow. Not overly expensive at 9x earnings. More room for upside. Unlock Premium - Try 5i Free