Labrador Iron Ore Royalty Co. (TSE:LIF – Get Free Report) hit a new 52-week low during trading on Tuesday. The stock traded as low as C$21.34 and last traded at C$21.38, with a volume of 56,704 shares. The stock had previously closed at C$22.42.
Labrador Iron Ore Royalty Trading Down 7.0%
The business’s fifty day simple moving average is C$25.66 and its 200-day simple moving average is C$27.21. The firm has a market cap of C$1.33 billion, a P/E ratio of 17.38, a price-to-earnings-growth ratio of 0.94 and a beta of 0.54.
Labrador Iron Ore Royalty (TSE:LIF – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported C$0.17 EPS for the quarter. Labrador Iron Ore Royalty had a net margin of 50.38% and a return on equity of 12.04%. The firm had revenue of C$33.97 million during the quarter. Analysts anticipate that Labrador Iron Ore Royalty Co. will post 3.74 earnings per share for the current year.
About Labrador Iron Ore Royalty
The Corporation holds a 15.
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