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

In trading today, Labrador Iron Ore Royalty Corp shares closed at $30.42 after opening the day at $30.20. Intraday prices ranged from $30.19 to $30.50.

The price advanced 1.20% from the previous day's close of $30.06.

Today across North America, the TSX Composite closed 0.80% at 22872.65, the S&P 500 closed -0.71% at 5505.00, the Dow Jones Industrial Average closed -0.93% at 40287.53 and the Nasdaq Composite closed -0.81% at 17726.94.

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

A total of 260,116 shares was traded during the session, with total trades of 809, with an average volume of 198,841 over 5 days.

Trading across the entire TSX saw 3,734 price advancers against 1,480 declines and 101 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 advanced 1.23 percent, while they have dipped -4.64% since the start of 2024.

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 $1.92 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 has an average recommendation of "Moderate Buy" based on 4.00 analysts according to Zacks. Currently, there are 1 buy ratings and 3 hold ratings for the stock.

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..