Labrador Iron Ore Royalty Co. (TSE:LIF - Free Report) - Equities researchers at Scotiabank boosted their FY2025 earnings per share (EPS) estimates for shares of Labrador Iron Ore Royalty in a report released on Wednesday, January 8th. Scotiabank analyst O. Wowkodaw now anticipates that the company will post earnings of $2.93 per share for the year, up from their previous forecast of $2.44. The consensus estimate for Labrador Iron Ore Royalty's current full-year earnings is $3.74 per share.
Labrador Iron Ore Royalty Stock Down 1.2 %
Shares of LIF traded down C$0.36 during trading hours on Friday, reaching C$29.48. 235,378 shares of the company traded hands, compared to its average volume of 248,915. The stock has a fifty day simple moving average of C$29.61 and a 200 day simple moving average of C$30.27. Labrador Iron Ore Royalty has a fifty-two week low of C$28.48 and a fifty-two week high of C$33.97. The stock has a market capitalization of C$1.89 billion, a PE ratio of 8.88, a price-to-earnings-growth ratio of 0.94 and a beta of 1.10.
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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