Labrador Iron Ore Royalty Co. (TSE:LIF – Get Free Report)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$30.39 and traded as high as C$30.46. Labrador Iron Ore Royalty shares last traded at C$30.11, with a volume of 541,320 shares traded.
Labrador Iron Ore Royalty Stock Down 4.1 %
The stock has a market cap of C$1.86 billion, a PE ratio of 9.48, a PEG ratio of 0.94 and a beta of 1.10. The business’s 50-day simple moving average is C$30.28 and its 200-day simple moving average is C$30.38.
Labrador Iron Ore Royalty Company Profile
Labrador Iron Ore Royalty Corporation is a Canadian corporation. The company generates all of its revenue from its equity investment in Iron Ore Company of Canada, (IOC) and its IOC royalty and commission interests. IOC operates a major iron mine near Labrador City, Newfoundland, and Labrador on lands leased from LIORC.
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