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

Labrador Iron Ore Royalty Corp opened trading today at $30.42 and closed at $29.30. It traded at a low of $29.25 to a high of $30.78.

Share prices eased -3.04 percent from the previous day's close of $30.22.

During the day across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

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

A total of 284,869 shares was traded during the session, with total trades of 1,868, while having an average volume of 164,349 in the last five days.

The TSX overall saw 1,858 price advancers against 3,319 declines and 108 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, in the last 12 months, Labrador Iron Ore Royalty Corp's shares have decreased -2.82%, while in 2024, they have dipped -8.15%.

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 $1.93 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..