Labrador Iron Ore Royalty Announces Strong Q4 Results and Provides FY24 Outlook

Wednesday, 13 March 2024, 06:10

Labrador Iron Ore Royalty's latest press release reveals a strong performance in Q4. The company reported a GAAP EPS of C$0.80 and revenue of C$54.9M, reflecting a 13.7% increase year-over-year. With royalty revenue reaching C$54.1 million for the quarter, Labrador Iron Ore Royalty is optimistic about its future, initiating its outlook for FY24.
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Labrador Iron Ore Royalty Announces Strong Q4 Results and Provides FY24 Outlook

Labrador Iron Ore Royalty Press Release

Labrador Iron Ore Royalty (LIFZF) released its financial results for Q4, reporting a GAAP EPS of C$0.80 and a revenue of C$54.9M, which marks a 13.7% increase year-over-year.

Royalty revenue for the quarter amounted to C$54.1 million, a notable rise from C$47.6M in the previous period.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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