LIF.TO
Labrador Iron Ore Royalty CorporationBasic Materials·Steel
$28.99
$1.9B market cap
Revenue
$75.2M
Free Cash Flow
$45.0M
Rev Growth
+0.0%
FCF Margin
59.8%
P/FCF
41.2x
EV/FCF
40.9x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
Labrador Iron Ore Royalty Corporation, through its subsidiary, Hollinger-Hanna Limited, holds a 15.10% equity interest in Iron Ore Company of Canada (IOC) that produces and processes iron ores at Labrador City, Newfoundland and Labrador. The company's primary products include standard and low silica acid, flux, direct reduction pellets, and iron ore concentrate, as well as seaborne iron ore pellets. The company was formerly known as Labrador Iron Ore Royalty Income Fund and changed its name to L
2-Year Price History
$27.88+10.8%
Quarterly Financials & Projections
Quarterly Waterfall (CAD M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q1 | 35.8 | 28.0 | 26.5 | 13.2 | 23.1 | 23.1 | -0.0 | 15.3 | 0.0 | 64.0 | 38.9% | -- | -- |
| Act | 2025-Q4 | 39.5 | 30.8 | 29.5 | 22.2 | 21.9 | 21.9 | -0.0 | 14.6 | 0.0 | 64.0 | 38.8% | -- | -- |
Valuation & Metrics
Market Stats
Price$28.99
Market Cap$1.9B
Enterprise Value$1.8B
P/S Ratio24.7x
P/FCF41.2x
EV/FCF40.9x
FCF Margin (TTM)59.8%
FCF Yield2.4%
Dividend Yield (TTM)4.7%
Annual Dilution0.0%
CurrencyCAD
TTM Financial Snapshot
Revenue$75.2M
Net Income$35.4M
Free Cash Flow$45.0M
Revenue Growth (YoY)+0.0%
EBITDA Margin78.2%
Net Margin47.1%
FCF Margin59.8%
CapEx % of Revenue0.0%
SBC % of Revenue0.0%
ROIC38.9%
WC Change % Rev4.6%
Interest Coverage--
Forward Outlook & Risk
Employees
Headcount3
Revenue / Employee$25,069,333
Gross Profit / Employee$24,133,333
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
0.1%(+0.1% YoY)
1 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
0.0%(+0.0% YoY)
0 filers
Vanguard, iShares, SPDR
Market makers
0.0%(+0.0% YoY)
0 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| ALBERT D MASON INC | $1.1M | $29.32 | −$4.1M | +$1.1M | — | $154M |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)NEUTRAL
Holders
+0.03%
avg per quarter
Holders (ex-self)
—
excl. this stock
Buyers (this Q)
+0.00%
0 buyers · $0.00B in
Sellers (this Q)
+0.03%
1 sellers · $0.00B out
alpha coverage: 100% of $ has a lifetime-alpha record
Holder behavior (holder profile)source: holder
On big dips (−10%+)
-1.5%
how holders react when this stock falls
On quiet Qs
-9.5%
−10% to +10% baseline
On rallies (+10%+)
-0.7%
how they react when this stock rises
Holders' portfolio flow this Q
-7.2%
outflows — trims may be forced
Sellers' portfolio flow this Q
-7.2%
Sellers shed AUM broadly — partly forced.
Biggest decreases this quarter
Top-5 holders · 100.0%
ALBERT D MASON INC--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
Crossingbridge Advisors, LLC—ALBERT D MASON INC53KSENTRY INVESTMENT MANAGEMENT LLC—ORG Partners LLC—
Analyst Coverage
Analyst Coverage
Analyst Ratings
2
Hold: 2Consensus: Hold