|Bid||38.38 x 0|
|Ask||38.43 x 0|
|Day's Range||37.40 - 38.45|
|52 Week Range||18.53 - 40.76|
|Beta (5Y Monthly)||1.42|
|PE Ratio (TTM)||10.82|
|Earnings Date||May 05, 2021 - May 10, 2021|
|Forward Dividend & Yield||3.30 (8.59%)|
|Ex-Dividend Date||Mar. 30, 2021|
|1y Target Est||39.43|
Labrador Iron Ore Royalty Corporation (the "Corporation") announced today that it has been advised by Iron Ore Company of Canada ("IOC") that on March 31, 2021, there was a fire at reclaimer no. 2 at IOC's Sept-Îles port facilities. The fire was brought under control and there were no injuries. The cause of the fire remains unknown at this time, and an investigation process is ongoing and IOC is still assessing the impact on its operation. IOC has declared force majeure on its contracts and is working with customers to minimize disruption.
TORONTO, March 19, 2021 /CNW/ - Clayton Walker, the President and Chief Executive Officer of Iron Ore Company of Canada (IOC), has announced that he has accepted a role in the Rio Tinto Copper product group as the Chief Operating Officer, Copper, based in Salt Lake City. As a result, Clayton will be stepping down as IOC's President and CEO effective April 16.
The royalty interests of Labrador Iron Ore Royalty Corporation (TSX:LIF) are extremely valuable, and shareholders can expect to benefit, substantially, over the long term. The post Like Royalties? Here Is the World’s Safest Mining Stock appeared first on The Motley Fool Canada.