Labrador Iron Ore Royalty Income Fund (LIF.UN)

Sector:

Mining

Index:

TSX Composite

$C 33.14
   
  • Change Today:
    $C0.21
  • 52 Week High: $C39.55
  • 52 Week Low: $C21.88
  • Currency: Canadian Dollars
  • Shares Issued: 64.00m
  • Volume: 14,479
  • Market Cap: $C2,120.96m

LIF.UN Overview

Labrador Iron Ore Royalty Income Fund is an unincorporated, limited purpose trust established in 1995. It holds a 15.10% equity interest in Iron Ore Company of Canada (IOC), through its wholly-owned subsidiaries, Labrador Mining Company Limited (Labmin) and Hollinger-Hanna Limited (Hollinger-Hanna), and receives a 7% gross overriding royalty and a 10 cent per tonne commission on all iron ore products produced, sold and shipped by IOC.

1 Day Chart

1 Day Chart

6 Month Chart

6 Month Chart

Financials

Latest F'cast
Div Yield 2.0%
Div Cover 3.1
Op Mrgn 74.9%
ROCE 124.1%
Latest F'cast
P/E 16.1
PEG 0.1
Pr/Revenue 12.8
Pr/Book 9.1
Latest F'cast
Revenue 113.5%
PBT 170.6%
EPS 161.7%
DPS n/a

LIF.UN Fundamentals

Year Ending Revenue ($Cm) Pre-tax ($Cm) EPS P/E PEG EPS Grth. Div Yield
31-Dec-06 83.23 97.89 98.33¢ 8.4 0.8 +10% 46.67¢ 5.6%
31-Dec-07 67.62 75.67 84.33¢ 18.8 n/a -14% 46.67¢ 3.0%
31-Dec-08 163.38 209.11 184.00¢ 3.9 0.0 +118% 61.67¢ 8.7%
31-Dec-09 77.03 86.65 78.33¢ 18.6 n/a -57% 66.67¢ 4.6%
31-Dec-10 164.45 234.44 205.00¢ 10.9 0.1 +162% 66.67¢ 3.0%

LIF.UN Forecasts

Year Ending Revenue ($Cm) Pre-tax ($Cm) EPS P/E PEG EPS Grth. Div Yield
31-Dec-11 162.55 130.22 280.00¢ 11.8 0.3 +37% 184.50¢ 5.6%
31-Dec-12 180.60 166.35 284.38¢ 11.6 7.4 +2% 204.80¢ 6.2%
31-Dec-13 226.19 214.17 393.29¢ 8.4 0.2 +38% 311.64¢ 9.5%

Copyright © 2012 FactSet Research Systems Inc. All rights reserved.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: Forecast figures based on normalised accounts.

 

LIF.UN Market Data

Currency Canadian Dollars
Share Price $C 33.14
Change Today $C 0.21
% Change 0.64 %
52 Week High $C39.55
52 Week Low $C21.88
Volume 14,479
Shares Issued 64.00m
Market Cap $C2,120.96m

What The Brokers Say

Strong Buy 5
Buy 0
Neutral 3
Sell 0
Strong Sell 0
Total 8
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Trades for 25-May-2012

Time Volume / Share Price
12:27 100 @ $C33.15
12:25 200 @ $C33.13
12:25 100 @ $C33.13
12:22 100 @ $C33.15
12:22 200 @ $C33.15

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