Closing Bell: Labrador Iron Ore Royalty Corp down on Tuesday (LIF)

In today's trading, Labrador Iron Ore Royalty Corp shares closed at $29.90 after opening the day at $30.64. It traded at a low of $29.77 to a high of $30.65.

Share prices eased -2.54% from the previous day's close of $30.68.

Today across North America, the TSX Composite closed 0.34% at 22751.68, the S&P 500 closed 0.28% at 5631.22, the Dow Jones Industrial Average closed 0.53% at 40211.72 and the Nasdaq Composite closed 0.40% at 18472.57.

Labrador Iron Ore Royalty Corp has listed on the Toronto Stock Exchange (TSX) under the ticker LIF.

Trading volume was 265,967 on 1,400 total trades, while having an average volume of 221,512 over the last 5-days.

Trading across the entire TSX saw 4,226 price advancers against 1,023 declines and 82 unchanged.

During the prior 52 weeks, LIF.TO has traded as high as $34.18 (September 15,2023) and low as $28.48 (March 14,2024). Moreover, the shares have dipped -3.08 percent in the last year, while in 2024, they have decreased -6.27%.

It announced a 1.10 dividend on June 11/24, with an June 28/24 ex-date and July 26/24 pay day.

Following today's trading, Labrador Iron Ore Royalty Corp has a market capitalization of $1.96 billion on a float of 64,000 shares outstanding. Its annual EPS is $3.16.

Labrador Iron Ore Royalty Corp is a TSX Steel company headquartered in St. John’s, CAN.

Based on 4.00 analysts, Labrador Iron Ore Royalty Corp gets an average recommendation of "Moderate Buy" according to Zacks. Currently, there are 1 buy ratings and 3 hold ratings for the stock.

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This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..