CorporateInformation.com
 
Company Search:
Advanced Search
 
Sponsored Links
 
 
 
 
 
 
 
Labrador Iron Ore Royalty Corporation Company Snapshot
Labrador Iron Ore Royalty Corporation (LIORC) is a Canada-based company, which owns interests in Iron Ore Company of Canada (IOC) that operates an iron mine near Labrador City, Newfoundland and Labrador on lands leased from LIORC. The Company, through its subsidiary, Hollinger-Hanna Limited (Hollinger-Hanna), holds approximately 15.10% equity interest in IOC. The Company operates through the segment of its investment in IOC and its IOC royalty and commission interests. LIORC holds certain mining leases and mining licenses covering approximately 18,200 hectares of land near Labrador City. IOC is an iron ore producer, operating a mine, concentrator and pellet plant, and is a producer of iron ore pellets across the world. IOC has the capacity to extract approximately 55 million tons of crude ore annually.

Sales Analysis. Sales were up sharply during the second quarter of 2021 versus the previous year's second quarter. During the second quarter of 2021, sales at Labrador Iron Ore Royalty totalled C$79.23 million. This is an increase of 69.6% from the C$46.71 million in sales at the company during the second quarter of 2020. During the first two quarters of 2021, sales totalled C$144.95 million, which is 52.6% higher than through the first two quarters of 2020. During the year ended December of 2020, sales at Labrador Iron Ore Royalty were C$202.29 million (US$164.07 million). This is an increase of 13.5% versus 2019, when the company's sales were C$178.26 million.
   
   
 
Company ReportsSubscriptions
 
Looking For More?
Purchace an In-Depth Report
Labrador Iron Ore Royalty Corporation
  Stock Performance Chart for Labrador Iron Ore Royalty Corporation
 
  Stock Data: Recent Stock Performance:
  Current Price (10/22/2021): 36.73
(Figures in Canadian Dollars)
1 Week 1.4%   13 Weeks -5.7%  
4 Weeks -23.4%   52 Weeks 41.7%  
 
Labrador Iron Ore Royalty Corporation Key Data:
  Ticker: LIF Country: Canada
  Exchanges: TOR Major Industry: Materials
    Sub Industry: Iron Ores
  2020 Sales 202,294,000
(Year Ending Jan 2021).
Employees: 2,620
  Currency: Canadian Dollars Market Cap: 2,350,720,000
  Fiscal Yr Ends: December Shares Outstanding: 64,000,000
  Share Type: Units Closely Held Shares: 38,200
 
 
Sponsored Links
 
 
 
 
Feedback | Terms and Conditions | Privacy Policy | Site Index
 
CorporateInformation® website and selected data Copyright © 2000 - by The Winthrop Corporation. All Rights Reserved. Except for quotations by established news media, no pages on this site may be reproduced, stored in a retrieval system, or transmitted for commercial purposes, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise without prior written permission. Information is believed reliable, but accuracy, completeness and opinions are not guaranteed.