The Global Resource For Connecting Buyers and Sellers

Labrador Iron Ore Royalty rises despite paring Q4 earnings

Labrador Iron Ore Royalty Corporation (LIORC) on Friday reported that consolidated net income for the year ended December 31 totalled $54.7-million, or $0.85 a share, compared with $104.1-million or $1.63 per share in 2014.
Adjusted cash flow for the year was $56.2 million, or $0.88 a share, as compared with $113.6-million, or $1.77 a share for 2014.