Labrador Iron Ore Royalty Co. (TSE:LIF - Get Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$29.02 and traded as low as C$26.39. Labrador Iron Ore Royalty shares last traded at C$26.49, with a volume of 228,081 shares changing hands.
Labrador Iron Ore Royalty Stock Performance
The stock has a market cap of C$1.69 billion, a P/E ratio of 8.59, a P/E/G ratio of 0.94 and a beta of 1.10. The stock has a 50-day moving average price of C$28.02 and a 200-day moving average price of C$28.91.
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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