Labrador Iron Ore Royalty (TSE:LIF) Sets New 52-Week Low – Should You Sell?

Shares of Labrador Iron Ore Royalty Co. (TSE:LIF – Get Free Report) hit a new 52-week low on Friday. The stock traded as low as C$20.08 and last traded at C$20.10, with a volume of 37,402 shares changing hands. The stock had previously closed at C$20.48.

Labrador Iron Ore Royalty Stock Down 2.2%

The firm has a market cap of C$1.28 billion, a PE ratio of 16.68, a price-to-earnings-growth ratio of 0.94 and a beta of 0.54. The business has a 50-day moving average price of C$24.15 and a two-hundred day moving average price of C$27.50.

Labrador Iron Ore Royalty (TSE:LIF – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported C$0.17 EPS for the quarter. Labrador Iron Ore Royalty had a return on equity of 12.04% and a net margin of 50.38%. The company had revenue of C$33.97 million for the quarter. On average, equities research analysts predict that Labrador Iron Ore Royalty Co. will post 3.74 earnings per share for the current fiscal year.

Labrador Iron Ore Royalty Company Profile

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The Corporation holds a 15.

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