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

In market activity today, shares of Labrador Iron Ore Royalty Corp opened at $30.42 and closed at $30.06. It traded at a low of $29.91 to a high of $30.45.

The price plummeted -1.18% from the previous day's close of $30.42.

Today across North America, the TSX Composite closed -0.26% at 22813.75, the S&P 500 closed 1.08% at 5564.41, the Dow Jones Industrial Average closed 0.32% at 40415.44 and the Nasdaq Composite closed 1.58% at 18007.57.

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

A total of 270,240 shares was traded during the session, with total trades of 1,180, with an average volume of 199,696 over 5 days.

The TSX overall saw 3,093 price advancers against 2,137 declines and 96 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 advanced 0.03% in 52 weeks, while they have dipped -5.77% since the start of 2024.

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 $1.95 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 is holding an average recommendation of "Moderate Buy" from 4.00 analysts according to Zacks. From those 4 analysts, 1 have buy ratings and 3 analysts gave hold ratings.

AI at The Globe and Mail
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..