Labrador Iron Ore Royalty Co. (TSE:LIF – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Friday. The company traded as low as C$20.63 and last traded at C$20.74, with a volume of 26,732 shares traded. The stock had previously closed at C$20.89.
Labrador Iron Ore Royalty Price Performance
The stock’s 50-day moving average is C$24.73 and its 200 day moving average is C$26.77. The company has a market cap of C$1.32 billion, a PE ratio of 17.20, a PEG ratio of 0.94 and a beta of 0.54.
Labrador Iron Ore Royalty (TSE:LIF – Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported C$0.17 earnings per share for the quarter. Labrador Iron Ore Royalty had a return on equity of 12.04% and a net margin of 50.38%. The firm had revenue of C$33.97 million for the quarter. On average, analysts expect 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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