Investment Update | Review + Outlook
​We are downgrading Labrador based on valuation. Although iron ore prices have continued to defy expectations thus far into 2017, we believe there is downside risk driven by new supply coming online and concerns over the sustainability of demand.
Labrador Iron Ore Royalty Corp, directly and through its wholly-owned subsidiary Hollinger-Hanna Limited ("Hollinger-Hanna"), holds a 15.10% equity interest in Iron Ore Company of Canada ("IOC"). Co. receives a 7% gross overriding royalty and Hollinger-Hanna receives a C$0.10 per tonne fee on all iron ore products produced, sold and shipped by IOC.
Independent equity research focused on the North American market that leverages ARC’s unparalleled expertise in applying proprietary forensic accounting knowledge to investment analysis.
The ARC process is focused on avoiding financial reporting and accounting risks while identifying companies with superior adjusted cash flow metrics.
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