Labrador Iron Ore Royalty Co. (TSE:LIF – Get Free Report)’s stock price rose 8.5% during mid-day trading on Thursday. The company traded as high as C$22.20 and last traded at C$22.02. Approximately 415,728 shares changed hands during trading, an increase of 84% from the average session volume of 226,245 shares. The stock had previously closed at C$20.29.
Labrador Iron Ore Royalty Price Performance
The firm has a 50-day moving average price of C$23.60 and a 200 day moving average price of C$27.28. The company has a market cap of C$1.41 billion, a price-to-earnings ratio of 18.39, a P/E/G 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 Thursday, November 5th. The company reported C$0.38 earnings per share 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%. On average, equities analysts anticipate that Labrador Iron Ore Royalty Co. will post 3.74 EPS for the current fiscal year.
Labrador Iron Ore Royalty Company Profile
The Corporation holds a 15.
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