Labrador Iron Ore Royalty: Top 10 Undervalued Steel Industry Stocks (LIF)
Labrador Iron Ore Royalty is now ranked among the top 10 undervalued stocks in the Steel industry on the Toronto Stock Exchange or TSX Venture Exchange. A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company. Valuation methodology provided by Stockcalc (see below).
Steel: Companies that produce coking coal. Stocks in this category are held primarily for capital appreciation.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| CIA-T | Champion Iron | 4.47 | 4.07 | -0.4 (-8.88) | 303,095 | 2,359.6 | 4.5 | 6.9 |
| LIF-T | Labrador Iron Ore Royalty | 27.72 | 28.25 | 0.53 (1.92) | 411,564 | 1,767.5 | 12.8 | 5.5 |
| ASTL-T | Algoma Steel Gr | 9.12 | 14.44 | 5.32 (58.31) | 370,114 | 1,610.6 | 2.1 | 1 |
| TSL-T | Tree Island Steel | 3.58 | 4.81 | 1.23 (34.38) | 4,523 | 101.8 | 3.4 | 1 |
| STLC-T | Stelco Holdings | 34.35 | 47.13 | 12.78 (37.21) | 484,859 | 2,480.6 | 3.5 | 1.4 |
| CSO-X | Corsa Coal | 0.35 | 0.37 | 0.02 (4.94) | 87,231 | 36.1 | 0 | 0 |
| CAF-X | Canaf Inv | 0.1 | 0.1 | -0 (-0.32) | 6,745 | 4.7 | 0 | 6 |
| CAD-X | Colonial Coal Intl | 1.4 | 0.55 | -0.85 (-60.79) | 75,088 | 245.1 | 0 | 0 |
More about Labrador Iron Ore Royalty
All data provided as-at market close October 06, 2022. The list is sorted by stocks with the greatest percentage difference between valuation and price. Labrador Iron Ore Royalty Labrador Iron Ore Royalty Corp through its subsidiaries holds equity interest in Iron ore company of Canada. It earns royalty on all iron ore products produced, sold and shipped. Labrador Iron Ore Royalty is listed under LIF on the Toronto Stock Exchange.
Stockcalc
StockCalc is a Canadian fintech company specializing in fundamental valuations for North American stocks and ETFs. StockCalc valuations (https://www.stockcalc.com/Resources) can help determine if a stock is undervalued. StockCalc's Weighted Average Valuation (WAV) is based on a proprietary calculation using model and analyst inputs, including: Discounted Cash Flow (DCF), Price & Other Comparables, Multiples, Adjusted Book Value (ABV) and Analyst Consensus
Artificial intelligence at Report on Business
Artificial Intelligence at Report on Business Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.
