Labrador Iron Ore Royalty (TSE:LIF) Reaches New 1-Year Low – Here’s What Happened

Labrador Iron Ore Royalty Co. (TSE:LIF – Get Free Report)’s share price hit a new 52-week low during trading on Tuesday. The company traded as low as C$21.34 and last traded at C$21.38, with a volume of 56,704 shares changing hands. The stock had previously closed at C$22.42.

Labrador Iron Ore Royalty Trading Up 4.2%

The firm has a market capitalization of C$1.38 billion, a price-to-earnings ratio of 18.01, a PEG ratio of 0.94 and a beta of 0.54. The company has a fifty day moving average price of C$25.42 and a two-hundred day moving average price of C$27.11.

Labrador Iron Ore Royalty (TSE:LIF – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported C$0.17 earnings per share for the quarter. Labrador Iron Ore Royalty had a return on equity of 12.04% and a net margin of 50.38%. The company had revenue of C$33.97 million during the quarter. As a group, equities research analysts expect that Labrador Iron Ore Royalty Co. will post 3.74 earnings per share for the current year.

Labrador Iron Ore Royalty Company Profile

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The Corporation holds a 15.

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