Closing Bell: Labrador Iron Ore Royalty Corp up on Wednesday (LIF)

In trading today, Labrador Iron Ore Royalty Corp shares closed at $30.05 after opening the day at $29.83. It traded at a low of $29.81 to a high of $30.20.

The price advanced 0.50 percent from the previous day's close of $29.90.

During the day across North America, the TSX Composite closed 1.07% at 22995.39, the S&P 500 closed 0.64% at 5667.20, the Dow Jones Industrial Average closed 1.85% at 40954.48 and the Nasdaq Composite closed 0.20% at 18509.34.

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

A total of 195,303 shares was traded during the session, with total trades of 680, with an average volume of 224,820 in the last five days.

The TSX overall saw 2,100 price advancers against 3,108 declines and 117 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 eased -1.35 percent in 52 weeks, while this year, they have dipped -5.80%.

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 $1.91 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.

Labrador Iron Ore Royalty Corp's average recommendation is "Moderate Buy" based on 4.00 analysts according to Zacks. From those 4 analysts, 1 have buy ratings and 3 analysts gave hold ratings.

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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..