Mark Fuller - Labrador Iron Lead Independent Director

LIF Stock  CAD 30.33  0.01  0.03%   

Director

Mr. Mark J. Fuller is an Independent Director of Labrador Iron Ore Royalty Corporation since 2014.
Tenure 10 years
Address 31 Adelaide St. East, Toronto, ON, Canada, M5C 2K3
Phone416 362 0066
Webhttps://labradorironore.com
Fuller is President and Chief Executive Officer of Ontario Pension Board, the administrator of the Ontario Public Service Pension Plan. He joined the Ontario Pension Board in 1999. He received a LLB from the University of Western Ontario in 1983 and was called to the bar in Ontario in 1985.

Mark Fuller Latest Insider Activity

Tracking and analyzing the buying and selling activities of Mark Fuller against Labrador Iron stock is an integral part of due diligence when investing in Labrador Iron. Mark Fuller insider activity provides valuable insight into whether Labrador Iron is net buyers or sellers over its current business cycle. Note, Labrador Iron insiders must abide by specific rules, including filing SEC forms every time they buy or sell Labrador Iron'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Labrador Iron Management Efficiency

The company has return on total asset (ROA) of 0.1149 % which means that it generated a profit of $0.1149 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.3001 %, meaning that it generated $0.3001 on every $100 dollars invested by stockholders. Labrador Iron's management efficiency ratios could be used to measure how well Labrador Iron manages its routine affairs as well as how well it operates its assets and liabilities. As of the 11th of December 2024, Return On Capital Employed is likely to grow to 0.25, while Return On Tangible Assets are likely to drop 0.17. At this time, Labrador Iron's Intangible Assets are very stable compared to the past year. As of the 11th of December 2024, Intangibles To Total Assets is likely to grow to 0.39, while Total Assets are likely to drop about 686.3 M.
Labrador Iron Ore has accumulated 177.71 M in total debt with debt to equity ratio (D/E) of 0.91, which is about average as compared to similar companies. Labrador Iron Ore has a current ratio of 1.51, which is within standard range for the sector. Debt can assist Labrador Iron until it has trouble settling it off, either with new capital or with free cash flow. So, Labrador Iron's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Labrador Iron Ore sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Labrador to invest in growth at high rates of return. When we think about Labrador Iron's use of debt, we should always consider it together with cash and equity.

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Labrador Iron Ore Royalty Corporation, together with its subsidiary, Hollinger-Hanna Limited, owns a 15.10 percent equity interest in Iron Ore Company of Canada that operates an iron mine at Labrador City, Newfoundland and Labrador. Labrador Iron Ore Royalty Corporation is based in Toronto, Canada. LABRADOR IRON operates under Steel classification in Canada and is traded on Toronto Stock Exchange. Labrador Iron Ore (LIF) is traded on Toronto Exchange in Canada and employs 11 people. Labrador Iron is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Labrador Iron Ore Leadership Team

Elected by the shareholders, the Labrador Iron's board of directors comprises two types of representatives: Labrador Iron inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Labrador. The board's role is to monitor Labrador Iron's management team and ensure that shareholders' interests are well served. Labrador Iron's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Labrador Iron's outside directors are responsible for providing unbiased perspectives on the board's policies.
Robert Hansen, Secretary
Sandra Rosch, Executive VP, Director, Member of Audit Committee, Member of Nominating Committee and Member of Compensation Committee
William McNeil, Chairman of the Board
John Tuer, President, Chief Executive Officer, Director
Dorothea Mell, Independent Director
Alan Thomas, Chief Financial Officer
Patricia Volker, Independent Director
William Corcoran, Non-Executive Independent Chairman of the Board
Mark Fuller, Lead Independent Director
Douglas McCutcheon, Independent Director
James McCartney, Executive Vice President Secretary, Director

Labrador Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Labrador Iron a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Labrador Iron

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.

Moving together with Labrador Stock

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Moving against Labrador Stock

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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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Labrador Stock

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.