Is Labrador Iron Ore Royalty stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Labrador Iron Ore Royalty pays dividends. Last time was Friday 26th of July 2024 where the investors holding the stock on Friday 28th of June 2024 were paid $1.1 per share. Over the last 64 times between 2008 and 2024, Labrador Iron Ore Royalty has paid $44.05 with an average of $0.69 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Labrador Iron Ore Royalty 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $25.81, you would have made a profit of $2.88 per share or 11.16%
Yes, the average daily trading liquidity for Labrador Iron Ore Royalty is $220 927 thousand. You should therefore be able to get in and out of your positions relatively fast.
Labrador Iron Ore Royalty has no real debt, which is good in periods of high inflation. Labrador Iron Ore Royalty has a very good net profit margin of 96.37% and should have very high tolerances against inflation.
We have calculated the inflation risk for Labrador Iron Ore Royalty to be low [0.3 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.