Labrador Iron Ore Royalty Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was CAD 94.43 million compared to CAD 108.33 million a year ago. Net income was CAD 87.13 million compared to CAD 126.49 million a year ago.

Basic earnings per share from continuing operations was CAD 1.36 compared to CAD 1.98 a year ago. Diluted earnings per share from continuing operations was CAD 1.36 compared to CAD 1.98 a year ago.