Scully Royalty's (SRL) "Sell (D)" Rating Reiterated at Weiss Ratings

Key Points

• Scully Royalty's stock has had its "sell (d)" rating reaffirmed by Weiss Ratings, indicating ongoing concerns about the company's performance.
• The stock traded at $5.75 recently, with a one-year trading range between $5.13 and $9.99.
• Scully Royalty operates primarily in iron ore mining across several regions, holding a significant royalty interest in the Scully iron ore mine in Newfoundland and Labrador, Canada.

Scully Royalty (NYSE:SRL - Get Free Report)'s stock had its "sell (d)" rating reaffirmed by equities researchers at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Scully Royalty Stock Performance

SRL stock traded up $0.05 during trading on Wednesday, hitting $5.75. The company had a trading volume of 16,528 shares, compared to its average volume of 8,413. Scully Royalty has a one year low of $5.13 and a one year high of $9.99. The business has a 50-day moving average of $5.55 and a 200-day moving average of $6.43.

Scully Royalty Company Profile

Scully Royalty Ltd. operates as an iron ore mining company in the Americas, Africa, Canada, Asia, and Europe. It operates through three segments: Royalty, Industrial, and Merchant Banking. The company holds royalty interest in the Scully iron ore mine located in the Province of Newfoundland and Labrador, Canada.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.