Shares of Labrador Iron Ore Royalty Co. (TSE:LIF – Get Free Report) reached a new 52-week low during mid-day trading 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. The stock had previously closed at C$20.48.
Labrador Iron Ore Royalty Stock Down 2.2%
The business has a 50 day simple moving average of C$24.15 and a 200-day simple moving average of C$27.50. The company has a market capitalization of C$1.28 billion, a P/E ratio of 16.68, a PEG ratio of 0.94 and a beta of 0.54.
Labrador Iron Ore Royalty (TSE:LIF – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported C$0.17 EPS for the quarter. The business had revenue of C$33.97 million for the quarter. Labrador Iron Ore Royalty had a net margin of 50.38% and a return on equity of 12.04%. Equities analysts forecast that Labrador Iron Ore Royalty Co. will post 3.74 EPS for the current fiscal year.
About Labrador Iron Ore Royalty
The Corporation holds a 15.
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