Labrador Iron Ore Royalty Co. (TSE:LIF – Get Free Report)’s share price was up 8.5% on Thursday. The stock traded as high as C$22.20 and last traded at C$22.02. 415,728 shares traded hands during mid-day trading, an increase of 84% from the average daily volume of 226,245 shares. The stock had previously closed at C$20.29.
Labrador Iron Ore Royalty Stock Performance
The stock has a market cap of C$1.41 billion, a P/E ratio of 18.39, a P/E/G ratio of 0.94 and a beta of 0.54. The stock’s fifty day simple moving average is C$23.60 and its 200-day simple moving average is C$27.28.
Labrador Iron Ore Royalty (TSE:LIF – Get Free Report) last announced its earnings results on Thursday, November 5th. The company reported C$0.38 EPS for the quarter. Labrador Iron Ore Royalty had a net margin of 50.38% and a return on equity of 12.04%. The company had revenue of C$40.45 million for the quarter. As a group, equities research analysts forecast 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.
Featured Articles
- Five stocks we like better than Labrador Iron Ore Royalty
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
Receive News & Ratings for Labrador Iron Ore Royalty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Labrador Iron Ore Royalty and related companies with MarketBeat.com's FREE daily email newsletter.
