Labrador Iron Ore Royalty Co. (TSE:LIF - Get Free Report) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$28.84 and traded as low as C$26.49. Labrador Iron Ore Royalty shares last traded at C$26.83, with a volume of 144,010 shares changing hands.
Labrador Iron Ore Royalty Trading Up 1.0%
The stock's 50-day moving average is C$27.79 and its 200-day moving average is C$28.77. The stock has a market cap of C$1.75 billion, a P/E ratio of 8.91, a price-to-earnings-growth ratio of 0.94 and a beta of 1.10.
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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