Buy, Sell or Hold: Labrador Iron Ore Royalty (LIF-T)

TSE:LIF

37.53

0.98 (2.54%) 1d

Showing 1 to 15 of 179 entries

WATCH

Overall trend seems to be more infrastructure and ramp up in the economy. If so, steel production should go up. With the bigger focus on the environment, higher grade pellets have the ESG factor to them. After the selloff, he has his eye on it.

Financial Services

BUY on WEAKNESS

It's too cyclical for him. He likes the company. He'd buy this if this fell to the low-$20s or teens, which is not now.

Financial Services

WAIT

LIF vs. CIA Iron ore prices are pretty high, and it's not in short supply. If you're more aggressive, buy CIA. If you want to sit back and collect the cashflow, buy LIF. Be cautious on buying them in the short term, due to price weakness.

Financial Services

BUY

Commodity (iron ore) LIF vs. finished product (steel) STLC? He'd choose LIF. Owns it for income. STLC is an operating company; whereas LIF is a topline royalty company (gets paid on topline, not bottom line), operating for 50+ years, less operating leverage. Both steel and iron ore have rolled over. More downside for steel. Iron ore has already corrected back. Safer play. Yield is 24%, partially due to special dividends. Only 2% yield for STLC, and the CEO has been a major seller.

Financial Services

COMMENT

Probably has to do with the steel market. The last few months have seen talks about China and their steel demand. All steel companies have dropped. Long term supply and demand with stimulus and infrastructure, looks like a long term secular move.

Financial Services

DON'T BUY

Iron ore prices have fallen 33%. The dividend will probably adjusted for the following prices. Their dividends are fairly irregular. The dividend is related to the price of iron ore. Prefers to not buy resource stocks since it is not a long run growing company.

Financial Services

WAIT

Be careful. Don't get too enamoured with the dividend. It's likely to come down as iron ore pricing is under pressure. Dividend is tied to cashflow generated. It's holding at the moving average, but he'd wait for it to make a turn. There's more risk than he'd like to take right now.

Financial Services

PAST TOP PICK

(A Top Pick Aug 12/20, Up 78%) They pay in divvies all their excess returns. Commodity prices like iron ore have gone through the roof since he bought LIF. Valuation and ROE remain strong. If iron ore prices hold, LIF will continue to do well. There's still upside here.

Financial Services

HOLD

They collect royalties on the production of iron ore. They are at the top of the quality food chain for iron ore. They are more competitive at selling to the rest of the world. Iron prices are very high as a result of shortage. Chinese demand is steady but they are having to move to higher quality supplies locally. When the price of steel comes down, iron ore will come down too, so be cautious. It will be a trade and not a long term investment.

Financial Services

BUY on WEAKNESS

Want to buy it when it is on a discount. Right now, it is fair priced. Want this as a core holding in a pension type account.

Financial Services

HOLD

It was overextended, and ripe for a snapback. China had a lockdown and released strategic reserves, which cooled demand and prices. Another few strong quarters of industrial and infrastructure demand, metal prices should tick back up. Have to watch the inflation narrative and 10-year bond rate. Nice stable dividend, plus special dividends.

Financial Services

BUY

One of the premier income stocks on the TSX. North of a 10% yield over the last 5 years. Very long reserve life. Low risk operating model, except for the cyclical commodity pricing. Quality asset. Buy it here pretty comfortably.

Financial Services

BUY

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

Financial Services

COMMENT

The dividend is variable. They are a royalty that sits on top of a mine. It has been a great income and total return vehicle but rises and falls with the price of iron ore. He prefers renewable power developers.

Financial Services

HOLD

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.

Financial Services

Showing 1 to 15 of 179 entries

Labrador Iron Ore Royalty(LIF-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 9

Neutral - Hold Signals / Votes : 3

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 13

Stockchase rating for Labrador Iron Ore Royalty is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Labrador Iron Ore Royalty(LIF-T) Frequently Asked Questions

What is Labrador Iron Ore Royalty stock symbol?

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

Is Labrador Iron Ore Royalty a buy or a sell?

In the last year, 13 stock analysts published opinions about LIF-T. 9 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Labrador Iron Ore Royalty.

Is Labrador Iron Ore Royalty a good investment or a top pick?

Labrador Iron Ore Royalty was recommended as a Top Pick by on . Read the latest stock experts ratings for Labrador Iron Ore Royalty.

Why is Labrador Iron Ore Royalty stock dropping?

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.

Is Labrador Iron Ore Royalty worth watching?

13 stock analysts on Stockchase covered Labrador Iron Ore Royalty In the last year. It is a trending stock that is worth watching.

What is Labrador Iron Ore Royalty stock price?

On 2022-01-21, Labrador Iron Ore Royalty (LIF-T) stock closed at a price of $37.53.

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