Labrador Iron Ore Royalty (LIFZF) Projected to Post Quarterly Earnings on Friday

Labrador Iron Ore Royalty (OTCMKTS:LIFZF) is expected to be releasing its results before the market opens on Friday, March 6th. Analysts expect Labrador Iron Ore Royalty to post earnings of $0.5020 per share for the quarter.

Labrador Iron Ore Royalty Trading Down 1.7%

OTCMKTS:LIFZF opened at $22.88 on Thursday. Labrador Iron Ore Royalty has a fifty-two week low of $17.05 and a fifty-two week high of $23.29. The stock has a fifty day moving average price of $22.31 and a 200-day moving average price of $21.17.

About Labrador Iron Ore Royalty

Labrador Iron Ore Royalty Limited (OTCMKTS:LIFZF) is a Canadian mineral royalty company headquartered in St. John’s, Newfoundland and Labrador. Established in 1965 under a strategic agreement with the Iron Ore Company of Canada (IOC), the company holds a 7.7% gross royalty on iron ore concentrate production from IOC’s operations in the Labrador Trough. This long-term royalty interest provides a steady, passive revenue stream tied to iron ore prices and production levels at one of North America’s largest iron ore facilities.

In addition to its core royalty business, Labrador Iron Ore Royalty maintains an exploration portfolio of iron ore properties within the Labrador Trough.