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

In today's trading, Labrador Iron Ore Royalty Corp stock opened at $30.72 and closed at $30.68. It traded at a low of $30.42 to a high of $30.96.

The price decreased -0.10 percent from the previous day's close of $30.71.

Today across North America, the TSX Composite closed 0.57% at 22673.52, the S&P 500 closed 0.55% at 5615.35, the Dow Jones Industrial Average closed 0.62% at 40000.90 and the Nasdaq Composite closed 0.63% at 18398.45.

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

Trading volume was 209,882 on 1,037 total trades. On average, Labrador Iron Ore Royalty Corp has traded 187,728 shares in the last five days and 181,741 year-to-date.

The TSX overall saw 3,258 price advancers against 1,978 declines and 100 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, the shares have eased -0.55 percent in the last 52 weeks, while they have dipped -3.82% this year.

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 $1.97 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.

Currently, Labrador Iron Ore Royalty Corp's consensus rating is "Moderate Buy" based on 4 analysts 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..