Labrador Iron Ore Royalty Co. (TSE:LIF - Get Free Report) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$30.32 and traded as high as C$30.83. Labrador Iron Ore Royalty shares last traded at C$30.81, with a volume of 157,240 shares traded.
Analyst Ratings Changes
Separately, Scotiabank cut their price target on Labrador Iron Ore Royalty from C$32.00 to C$31.00 in a research note on Wednesday, November 6th.
Check Out Our Latest Stock Analysis on Labrador Iron Ore Royalty
Labrador Iron Ore Royalty Trading Down 0.9 %
The stock's fifty day simple moving average is C$29.76 and its 200-day simple moving average is C$30.32. The stock has a market capitalization of C$1.95 billion, a PE ratio of 9.20, a P/E/G ratio of 0.94 and a beta of 1.10.
Labrador Iron Ore Royalty (TSE:LIF - Get Free Report) last issued its quarterly earnings data on Tuesday, November 5th. The company reported C$0.53 earnings per share (EPS) for the quarter. Labrador Iron Ore Royalty had a net margin of 99.70% and a return on equity of 31.89%. During the same period in the prior year, the business posted $0.77 earnings per share. As a group, analysts anticipate that Labrador Iron Ore Royalty Co. will post 3.7420091 earnings per share for the current fiscal year.
About Labrador Iron Ore Royalty
(
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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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