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

Automated Summaries - The Globe and Mail - Wed Jul 10, 4:01PM CDT

Today during trading, shares of Labrador Iron Ore Royalty Corp opened at $30.00 and closed at $29.79. It traded at a low of $29.63 to a high of $30.03.

The price $verbed percentage_change percent from the previous day's close of $29.79.

During the day across North America, the TSX Composite closed 1.40% at 22350.23, the S&P 500 closed 0.07% at 5576.98, the Dow Jones Industrial Average closed -0.13% at 39291.97 and the Nasdaq Composite closed 0.14% at 18429.29.

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

A total of 178,767 shares was traded during the last trading day, with total trades of 740. On average, Labrador Iron Ore Royalty Corp has traded 161,903 shares over the last 5-days and 180,857 year-to-date.

Trading across the entire TSX saw 3,274 price advancers against 1,962 declines and 102 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 eased -3.31 percent, while they have eased -6.61% year-to-date.

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 $1.91 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.

Based on 4.00 analysts, Labrador Iron Ore Royalty Corp gets an average recommendation of "Moderate Buy" 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..