Labrador Iron Ore Royalty Co. (TSE:LIF - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$30.33 and traded as high as C$30.98. Labrador Iron Ore Royalty shares last traded at C$30.84, with a volume of 329,301 shares changing hands.
Analyst Ratings Changes
Separately, Scotiabank dropped their price target on Labrador Iron Ore Royalty from C$32.00 to C$31.00 in a report on Wednesday, November 6th.
Check Out Our Latest Report on Labrador Iron Ore Royalty
Labrador Iron Ore Royalty Trading Up 1.2 %
The stock has a market capitalization of C$1.97 billion, a PE ratio of 9.29, a PEG ratio of 0.94 and a beta of 1.10. The firm's 50-day simple moving average is C$30.00 and its two-hundred day simple moving average is C$30.35.
Labrador Iron Ore Royalty (TSE:LIF - Get Free Report) last posted its quarterly earnings data on Tuesday, November 5th. The company reported C$0.53 earnings per share 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 quarter in the previous year, the business posted $0.77 EPS. As a group, research analysts expect that Labrador Iron Ore Royalty Co. will post 3.7420091 earnings per share for the current year.
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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