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 47.21 million compared to CAD 54.16 million a year ago. Net income was CAD 43.57 million compared to CAD 63.25 million a year ago.

Basic earnings per share from continuing operations was CAD 0.68 compared to CAD 0.99 a year ago. Diluted earnings per share from continuing operations was CAD 0.68 compared to CAD 0.99 a year ago.