Labrador Iron Ore Royalty Co. (TSE:LIF – Get Free Report) shares were up 8.5% on Thursday. The company 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 Trading Down 2.5%
The firm has a 50 day moving average of C$23.39 and a two-hundred day moving average of C$27.18. The stock has a market capitalization of C$1.37 billion, a PE ratio of 17.89, a P/E/G ratio of 0.94 and a beta of 0.46.
Labrador Iron Ore Royalty (TSE:LIF – Get Free Report) last posted its earnings results on Thursday, November 5th. The company reported C$0.38 EPS for the quarter. The company had revenue of C$40.45 million for the quarter. Labrador Iron Ore Royalty had a return on equity of 12.04% and a net margin of 50.38%. Equities research analysts forecast that Labrador Iron Ore Royalty Co. will post 3.74 EPS for the current year.
About Labrador Iron Ore Royalty
The Corporation holds a 15.
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