Labrador Iron Ore Royalty Corp (LIF) NPV
Sell:30.74 CADBuy:30.76 CAD
0.05 CAD
(0.16%)
- This stock can be held in a
Stocks and Shares ISA0.05 CAD
(0.16%)0.05 CAD
(0.16%)Company Information
About this company
Labrador Iron Ore Royalty Corporation is a Canada-based investment company. The Company holds interests in the Iron Ore Company of Canada (IOC), which is a North American producer and exporter of iron ore pellets and high-grade concentrate. The Company, through its wholly owned subsidiary, Hollinger Hanna Limited (Hollinger-Hanna), holds an approximately 15.10% equity interest in IOC. It holds an approximately 15.10% equity interest in IOC and receives approximately 7% gross overriding royalty and a 10% per ton commission on all iron ore products produced, sold, and shipped by IOC. IOC operates mine, concentrator and pellet plant at Labrador City, Newfoundland, and Labrador. The IOC mines and produces iron ore pellets and concentrates at its facilities in Labrador City, Newfoundland, and Labrador. The Company holds mining leases and mining licenses covering approximately 18,200 hectares of land near Labrador City.
Key people
Key facts
- EPIC-
- LocationCanada
- SectorBasic Materials
- IndustryMetal Mining
- ISINCA5054401073
- Market capCA$1.95bn
- Employees2,989
- Shares in issue64.00m
- ExchangeToronto Stock Exchange
- IndexToronto SE 300 Composite Index
- Website
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