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%.
It is somewhat directly related to steel and tariffs. It has broken out and is making higher highs and higher lows. If it does not break the high of last January then he would be worried.
It is somewhat directly related to steel and tariffs. It has broken out and is making higher highs and higher lows. If it does not break the high of last January then he would be worried.
A sleepy, very good company owning royalty interest on an iron mine. A good cash-flow producer though it's a cyclical company in a cyclical industry. Offers a sustainable dividend. Hold it, but for new buyers, don't buy until it breaks below $20.
A sleepy, very good company owning royalty interest on an iron mine. A good cash-flow producer though it's a cyclical company in a cyclical industry. Offers a sustainable dividend. Hold it, but for new buyers, don't buy until it breaks below $20.
He thinks this should be part of the pro-growth complex, which he is presently bullish on. The recent pullback is back to good support and the long term trend is still positive technically, he thinks. If it falls below $20 this theme may be in trouble. Yield 4.4%.
He thinks this should be part of the pro-growth complex, which he is presently bullish on. The recent pullback is back to good support and the long term trend is still positive technically, he thinks. If it falls below $20 this theme may be in trouble. Yield 4.4%.
You have to ignore the noise. It is one of his largest holdings. Price momentum is one of the best. They have repeatedly surprised the street on how much cash they generated and then paid out in dividends including special dividends. 28% ROE and 11 times earnings. The balance sheet is fine.
You have to ignore the noise. It is one of his largest holdings. Price momentum is one of the best. They have repeatedly surprised the street on how much cash they generated and then paid out in dividends including special dividends. 28% ROE and 11 times earnings. The balance sheet is fine.
Typically, the stock does very well when there is greater demand for iron ore, and typically does well when steel stocks are doing well. This has recently broken its key resistance and has a longer-term upward trend. The technicals are certainly positive.
Typically, the stock does very well when there is greater demand for iron ore, and typically does well when steel stocks are doing well. This has recently broken its key resistance and has a longer-term upward trend. The technicals are certainly positive.
This used to be a really good company but it completely dropped off from his radar because it really had some tough times. Has bounced back quite nicely. Return on capital went from almost 0% to now 8% in trailing Q4 which is a great sign. Dividend yields 3.6% and payout ratio seems very reasonable. Hardly has any debt. All in all, for a company he hasn’t looked at for quite a while, it’s one worth taking a deeper look at.
This used to be a really good company but it completely dropped off from his radar because it really had some tough times. Has bounced back quite nicely. Return on capital went from almost 0% to now 8% in trailing Q4 which is a great sign. Dividend yields 3.6% and payout ratio seems very reasonable. Hardly has any debt. All in all, for a company he hasn’t looked at for quite a while, it’s one worth taking a deeper look at.
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 2
Total Signals / Votes : 3
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, 3 stock analysts published opinions about LIF-T. 1 analyst recommended to BUY the stock. 2 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Labrador Iron Ore Royalty.
Labrador Iron Ore Royalty was recommended as a Top Pick by Javed Mirza on 2020-02-03. 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.
3 stock analysts on Stockchase covered Labrador Iron Ore Royalty In the last year. It is a trending stock that is worth watching.
On 2020-02-26, Labrador Iron Ore Royalty (LIF-T) stock closed at a price of $19.96.
