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

Automated Summaries - The Globe and Mail - Wed Jul 24, 4:01PM CDT

In today's trading, Labrador Iron Ore Royalty Corp opened at $30.14 and closed at $29.75. It traded at a low of $29.71 to a high of $30.30.

Share prices dipped -1.03% from the previous day's close of $30.06.

Today across North America, the TSX Composite closed -0.76% at 22639.57, the S&P 500 closed -0.16% at 5555.74, the Dow Jones Industrial Average closed -0.14% at 40358.09 and the Nasdaq Composite closed -0.06% at 17997.35.

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

A total of 216,141 shares was traded during the last trading day, with total trades of 1,127, with an average volume of 203,863 in the last five days.

The TSX market on the whole today saw 1,249 price advancers against 3,959 declines and 110 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 dipped -2.65% in the last 12 months, while in 2024, they have shrunken -6.74%.

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's consensus rating is "Moderate Buy" based on 4 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..