Labrador Iron Ore Royalty (TSE:LIF) Hits New 52-Week Low – Here’s Why

Labrador Iron Ore Royalty Co. (TSE:LIFGet Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$25.16 and last traded at C$25.29, with a volume of 13926 shares traded. The stock had previously closed at C$25.36.

Labrador Iron Ore Royalty Price Performance

The business has a fifty day moving average of C$26.53 and a 200 day moving average of C$27.96. The stock has a market cap of C$1.62 billion, a PE ratio of 21.07, a P/E/G ratio of 0.94 and a beta of 0.33.

Labrador Iron Ore Royalty (TSE:LIFGet Free Report) last announced its earnings results on Wednesday, August 5th. The company reported C$0.17 earnings per share (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 expect that Labrador Iron Ore Royalty Co. will post 3.7420091 EPS for the current year.

Labrador Iron Ore Royalty Company Profile

(Get Free Report)

The Corporation holds a 15.

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