Labrador Iron Ore Royalty Corp
TSX:LIF

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Labrador Iron Ore Royalty Corp
TSX:LIF
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Price: 29.77 CAD 0.54% Market Closed
Market Cap: 1.9B CAD
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Labrador Iron Ore Royalty Corp
Accounts Payable

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Labrador Iron Ore Royalty Corp
Accounts Payable Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Accounts Payable CAGR 3Y CAGR 5Y CAGR 10Y
Labrador Iron Ore Royalty Corp
TSX:LIF
Accounts Payable
CA$8.9m
CAGR 3-Years
-18%
CAGR 5-Years
-3%
CAGR 10-Years
4%
A
Algoma Steel Group Inc
NASDAQ:ASTL
Accounts Payable
CA$142m
CAGR 3-Years
39%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Adf Group Inc
TSX:DRX
Accounts Payable
CA$54.3m
CAGR 3-Years
3%
CAGR 5-Years
11%
CAGR 10-Years
19%
Stelco Holdings Inc
TSX:STLC
Accounts Payable
CA$318m
CAGR 3-Years
8%
CAGR 5-Years
4%
CAGR 10-Years
N/A
C
Colonial Coal International Corp
XTSX:CAD
Accounts Payable
CA$96.2k
CAGR 3-Years
8%
CAGR 5-Years
0%
CAGR 10-Years
-4%
Tree Island Steel Ltd
TSX:TSL
Accounts Payable
CA$17.4m
CAGR 3-Years
-21%
CAGR 5-Years
-6%
CAGR 10-Years
2%
No Stocks Found

Labrador Iron Ore Royalty Corp
Glance View

Market Cap
1.9B CAD
Industry
Metals & Mining

In the rugged landscapes of northeastern Canada, where iron-rich earth meets the chill of the Atlantic, Labrador Iron Ore Royalty Corp (LIORC) sits at the crossroads of simplicity and industrial might. Established in the mid-1990s, LIORC's business model is elegantly straightforward yet remarkably effective—capitalizing on its tri-fold revenue stream derived from iron ore operations. At its core, the company holds a unique 15.1% stake in the Iron Ore Company of Canada (IOC), which undertakes the actual mining and processing in Labrador’s rich deposits. This position offers LIORC significant dividends tied directly to the financial performance and output of the IOC. Moreover, the corporation benefits from a 7% gross overriding royalty on all sales of iron ore products produced from the specified Iopex land, generating income that grows with production volumes rather than just profits. These structural stakes embed LIORC deeply within the fabric of one of Canada's premier mining operations, assuring a steady income flow with a direct connection to global iron ore market dynamics. The lifeblood of LIORC’s operations hinges on global demand for iron ore, predominantly driven by the steel manufacturing industries. As economic powers like China continue their infrastructural growth and renewal, the demand for steel influences iron ore prices, which in turn impacts the royalties and dividends flowing into LIORC's coffers. Despite having no operational control, the company remains agile by maintaining a lean structure void of mining costs, allowing it to distribute a significant portion of its earnings back to shareholders as dividends. This setup echoes a classic Buffett-Munger focus on investments that continually produce cash flow while needing minimal capital reinvestment. Through its strategic, almost passive involvement in the mining sector, LIORC stands as a testament to the potential of achieving robust returns from natural resource expertise, anchored in a philosophy of prudence and calculated foresight.

LIF Intrinsic Value
28 CAD
Overvaluation 6%
Intrinsic Value
Price

See Also

What is Labrador Iron Ore Royalty Corp's Accounts Payable?
Accounts Payable
8.9m CAD

Based on the financial report for Sep 30, 2024, Labrador Iron Ore Royalty Corp's Accounts Payable amounts to 8.9m CAD.

What is Labrador Iron Ore Royalty Corp's Accounts Payable growth rate?
Accounts Payable CAGR 10Y
4%

Over the last year, the Accounts Payable growth was -3%. The average annual Accounts Payable growth rates for Labrador Iron Ore Royalty Corp have been -18% over the past three years , -3% over the past five years , and 4% over the past ten years .

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