Labrador Iron Ore Royalty Co. (TSE:LIF - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$30.36 and traded as high as C$30.77. Labrador Iron Ore Royalty shares last traded at C$30.69, with a volume of 263,250 shares.
Analyst Ratings Changes
Separately, Scotiabank dropped their target price on shares of Labrador Iron Ore Royalty from C$32.00 to C$31.00 in a report on Wednesday, November 6th.
Read Our Latest Stock Report on LIF
Labrador Iron Ore Royalty Stock Down 0.3 %
The stock's fifty day moving average price is C$30.08 and its two-hundred day moving average price is C$30.36. The company has a market capitalization of C$1.98 billion, a PE ratio of 10.06, a price-to-earnings-growth ratio of 0.94 and a beta of 1.10.
Labrador Iron Ore Royalty Company Profile
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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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