Labrador Iron Ore Royalty Co. (TSE:LIF - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$29.22 and traded as low as C$27.40. Labrador Iron Ore Royalty shares last traded at C$27.55, with a volume of 156,287 shares traded.
Labrador Iron Ore Royalty Price Performance
The stock has a market capitalization of C$1.77 billion, a P/E ratio of 8.99, a price-to-earnings-growth ratio of 0.94 and a beta of 1.10. The company's 50-day simple moving average is C$28.41 and its 200-day simple moving average is C$29.19.
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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