Labrador Iron Ore Royalty Co. (TSE:LIF - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$29.13 and traded as low as C$27.42. Labrador Iron Ore Royalty shares last traded at C$27.58, with a volume of 208,818 shares.
Labrador Iron Ore Royalty Stock Performance
The firm's 50-day moving average price is C$28.37 and its 200 day moving average price is C$29.11. The company has a market cap of C$1.76 billion, a price-to-earnings ratio of 8.95, a PEG 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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