Labrador Iron Ore Royalty Co. (TSE:LIF – Get Free Report)’s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$30.36 and traded as high as C$30.95. Labrador Iron Ore Royalty shares last traded at C$30.84, with a volume of 108,001 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Scotiabank decreased their target price on shares of Labrador Iron Ore Royalty from C$32.00 to C$31.00 in a research report on Wednesday, November 6th.
Read Our Latest Stock Report on LIF
Labrador Iron Ore Royalty Stock Performance
Labrador Iron Ore Royalty Company Profile
Labrador Iron Ore Royalty Corporation is a Canadian corporation. The company generates all of its revenue from its equity investment in Iron Ore Company of Canada, (IOC) and its IOC royalty and commission interests. IOC operates a major iron mine near Labrador City, Newfoundland, and Labrador on lands leased from LIORC.
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