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

Labrador Iron Ore Royalty Co. (TSE:LIF – Get Free Report) hit a new 52-week low on Thursday . The company traded as low as C$25.06 and last traded at C$25.10, with a volume of 90051 shares. The stock had previously closed at C$25.60.

Labrador Iron Ore Royalty Stock Down 2.5%

The stock has a 50-day moving average of C$26.34 and a 200 day moving average of C$27.68. The company has a market capitalization of C$1.60 billion, a PE ratio of 20.81, a P/E/G ratio of 0.94 and a beta of 0.33.

Labrador Iron Ore Royalty (TSE:LIF – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported C$0.17 earnings per share (EPS) for the quarter. Labrador Iron Ore Royalty had a return on equity of 12.04% and a net margin of 50.38%.The firm had revenue of C$33.97 million during the quarter. Equities analysts forecast that Labrador Iron Ore Royalty Co. will post 3.7420091 EPS for the current fiscal year.

Labrador Iron Ore Royalty Company Profile

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The Corporation holds a 15.

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