FY2026 Earnings Estimate for TSE:LIF Issued By Scotiabank

Labrador Iron Ore Royalty Co. (TSE:LIF) – Scotiabank decreased their FY2026 earnings per share estimates for Labrador Iron Ore Royalty in a report released on Wednesday, March 19th. Scotiabank analyst O. Wowkodaw now forecasts that the company will post earnings per share of $2.61 for the year, down from their previous estimate of $2.73. The consensus estimate for Labrador Iron Ore Royalty’s current full-year earnings is $3.74 per share.

LIF has been the topic of a number of other reports. Royal Bank of Canada reduced their target price on shares of Labrador Iron Ore Royalty from C$38.00 to C$36.00 and set a “sector perform” rating on the stock in a report on Thursday, March 13th. TD Securities lowered shares of Labrador Iron Ore Royalty from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 13th.

Labrador Iron Ore Royalty Trading Up 0.8 %

TSE:LIF opened at C$30.39 on Monday. The stock’s 50-day moving average is C$30.36 and its 200-day moving average is C$30.38. Labrador Iron Ore Royalty has a 1-year low of C$28.40 and a 1-year high of C$33.97. The stock has a market cap of C$1.95 billion, a P/E ratio of 9.95, a price-to-earnings-growth ratio of 0.94 and a beta of 1.10.

About Labrador Iron Ore Royalty

Labrador Iron Ore Royalty Corporation is a Canadian corporation. The company generates all of its revenue from its equity investment in Iron Ore Company of Canada, (IOC) and its IOC royalty and commission interests. IOC operates a major iron mine near Labrador City, Newfoundland, and Labrador on lands leased from LIORC.