Labrador Iron Ore Royalty (LIFZF) Expected to Post Earnings on Wednesday

Labrador Iron Ore Royalty (OTCMKTS:LIFZF) is anticipated to announce its resultson Wednesday, August 5th. Analysts expect Labrador Iron Ore Royalty to announce earnings of $0.2191 per share and revenue of $29.1460 million for the quarter.

Labrador Iron Ore Royalty Trading Up 0.4%

OTCMKTS:LIFZF traded up $0.08 on Wednesday, hitting $18.44. The stock had a trading volume of 1,221 shares, compared to its average volume of 24,393. Labrador Iron Ore Royalty has a 1 year low of $18.02 and a 1 year high of $23.29. The firm’s fifty day simple moving average is $19.69 and its two-hundred day simple moving average is $20.90.

Labrador Iron Ore Royalty Company Profile

Labrador Iron Ore Royalty Limited (OTCMKTS:LIFZF) is a Canadian mineral royalty company headquartered in St. John’s, Newfoundland and Labrador. Established in 1965 under a strategic agreement with the Iron Ore Company of Canada (IOC), the company holds a 7.7% gross royalty on iron ore concentrate production from IOC’s operations in the Labrador Trough. This long-term royalty interest provides a steady, passive revenue stream tied to iron ore prices and production levels at one of North America’s largest iron ore facilities.

In addition to its core royalty business, Labrador Iron Ore Royalty maintains an exploration portfolio of iron ore properties within the Labrador Trough.