Labrador Iron Ore Royalty

LIF-T

TSE:LIF

25.60
0.33 (1.31%)
Labrador Iron Ore Royalty Corp through its subsidiaries holds equity interest in Iron ore company of Canada. It earns royalty on all iron ore products produced, sold and shipped.
More at Wikipedia

Analysis and Opinions about LIF-T

Signal
Opinion
Expert
WAIT
WAIT
September 13, 2019

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%.

Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$27.080
Owned
Unknown
COMMENT
COMMENT
June 14, 2019
Bull market going on in iron ore, which means there's strong global growth.
Bull market going on in iron ore, which means there's strong global growth.
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$32.760
Owned
Unknown
WEAK BUY
WEAK BUY
May 10, 2019
He looks for price trend, relative valuation and reasonable volatility. This one has great price momentum. Valuation is decent with a 23% ROE. Yield 3.5% with a reasonable payout ratio. They are subject to the iron ore market so there can be some commodity market volatility. He would suggest a weak buy.
He looks for price trend, relative valuation and reasonable volatility. This one has great price momentum. Valuation is decent with a 23% ROE. Yield 3.5% with a reasonable payout ratio. They are subject to the iron ore market so there can be some commodity market volatility. He would suggest a weak buy.
Jason Mann
CIO & Co-Founder, Edgehill Patners
Price
$30.680
Owned
Yes
SELL
SELL
February 8, 2019
Take profit here? He would take profit at these levels. He worries about issues with trade with China. He still sees possibly another 50% upside, but thinks it prudent to take profit here.
Take profit here? He would take profit at these levels. He worries about issues with trade with China. He still sees possibly another 50% upside, but thinks it prudent to take profit here.
Brian Acker, CA
Chief Executive Officer, President and Chief Inves, Acker Finley Inc.
Price
$32.740
Owned
No
PARTIAL SELL
PARTIAL SELL
February 5, 2019
Spike in a bunch of the iron ore names. LIF is a beneficiary of concerns about global supply. Move higher is temporary. Good business model, pretty good yield. He'd be concerned with Chinese growth, if it continues to sell, iron ore will suffer. He'd trim.
Spike in a bunch of the iron ore names. LIF is a beneficiary of concerns about global supply. Move higher is temporary. Good business model, pretty good yield. He'd be concerned with Chinese growth, if it continues to sell, iron ore will suffer. He'd trim.
Gerard Ferguson
CEO & Portfolio Manager, Jemekk Capital Management
Price
$31.330
Owned
Unknown
PARTIAL BUY
PARTIAL BUY
January 30, 2019
They surged today. The speculation is that the price of iron ore will rise. Their partner, Rio Tinto, may IPO its Canadian subsidiary which could benefit LIF. There's probably more upside, but don't overcommit to this. It's possible that Vale could really cut back on its output. Also, we're reaching the end of the cycle while China's steel industry is suffering with a domestic slowdown. There's likely short-term upside, but be careful how much to commit here.
They surged today. The speculation is that the price of iron ore will rise. Their partner, Rio Tinto, may IPO its Canadian subsidiary which could benefit LIF. There's probably more upside, but don't overcommit to this. It's possible that Vale could really cut back on its output. Also, we're reaching the end of the cycle while China's steel industry is suffering with a domestic slowdown. There's likely short-term upside, but be careful how much to commit here.
Jim Huang
President, T.I.P. Wealth Management
Price
$29.270
Owned
Unknown
HOLD
HOLD
June 11, 2018

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.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$25.510
Owned
Unknown
HOLD
HOLD
May 7, 2018

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.

Ryan Bushell
President, Newhaven Asset Management
Price
$24.080
Owned
Unknown
WEAK BUY
WEAK BUY
March 23, 2018

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%.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$22.400
Owned
Unknown
STRONG BUY
STRONG BUY
January 18, 2018

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.

Jason Mann
CIO & Co-Founder, Edgehill Patners
Price
$27.370
Owned
Yes
COMMENT
COMMENT
December 22, 2017

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.

Don Vialoux
Research Analyst, TimingTheMarket.CA & EquityClock.COM
Price
$27.330
Owned
Unknown
COMMENT
COMMENT
December 21, 2017

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.

Matt Kacur
President, FSA Financial Science and Art
Price
$27.140
Owned
Unknown
COMMENT
COMMENT
December 13, 2017

This has been a great holding. Canada is unique in that we have a bunch of companies built in a structure to pay investors a regular cash flow stream, but at the same time tied to the global economy. This company gets a royalty stream on every pound of iron ore produced by Rio Tinto.

This has been a great holding. Canada is unique in that we have a bunch of companies built in a structure to pay investors a regular cash flow stream, but at the same time tied to the global economy. This company gets a royalty stream on every pound of iron ore produced by Rio Tinto.

David Burrows
President & Chief Investment Strategist, Barometer Capital Management
Price
$24.480
Owned
Unknown
COMMENT
COMMENT
October 31, 2017

Not a bad looking chart. It had a breakdown in 2014, and since then has had a rounded bottom. There is a pretty defined neckline as well. Somewhere in this range, it is starting to break out. A little early, and looks a little tepid, but if the $20 level can stay supported, it might be a very bullish looking chart.

Not a bad looking chart. It had a breakdown in 2014, and since then has had a rounded bottom. There is a pretty defined neckline as well. Somewhere in this range, it is starting to break out. A little early, and looks a little tepid, but if the $20 level can stay supported, it might be a very bullish looking chart.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$20.880
Owned
Unknown
COMMENT
COMMENT
April 10, 2017

It had a decent rise on Chinese demand. You are about where you were about 10 years ago. If US infrastructure picks up then shipment will be cheaper to the US than China.

It had a decent rise on Chinese demand. You are about where you were about 10 years ago. If US infrastructure picks up then shipment will be cheaper to the US than China.

Gavin Graham
Trustee, Pointbreak ETFs
Price
$18.640
Owned
Unknown
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