Labrador Iron's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Labrador Iron's valuation are provided below:
Gross Profit
176.6 M
Profit Margin
0.603
Market Capitalization
2 B
Enterprise Value Revenue
10.8819
Revenue
182.9 M
We have found one hundred twenty available fundamental ratios for Labrador Iron, which can be analyzed and compared to other ratios and to its peers in the industry. Self-guided Investors are advised to check Labrador Iron's last-minute fundamentals against the trend between 2010 and 2026 to make sure the company can sustain itself down the road. As of the 15th of January 2026, Enterprise Value is likely to grow to about 1.3 B, while Market Cap is likely to drop about 1.3 B.
Labrador Iron investors utilize fundamental indicators, such as revenue or net income, to predict how Labrador Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Labrador Iron position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Labrador Iron will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Labrador Iron could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Labrador Iron when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Labrador Iron - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Labrador Iron Ore to buy it.
The correlation of Labrador Iron is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Labrador Iron moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Labrador Iron Ore moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Labrador Iron can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Labrador Iron financial ratios help investors to determine whether Labrador Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Labrador with respect to the benefits of owning Labrador Iron security.