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

Today during trading, Labrador Iron Ore Royalty Corp shares closed at $30.33 after opening the day at $29.73. prices ranged from a low of $29.60 to a high of $30.53.

The price advanced 1.95 percent from the previous day's close of $29.75.

During the day across North America, the TSX Composite closed -0.14% at 22608.03, the S&P 500 closed -2.31% at 5427.13, the Dow Jones Industrial Average closed -1.25% at 39853.87 and the Nasdaq Composite closed -3.64% at 17342.41.

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

Trading volume was 324,221 on 987 total trades, with an average volume of 240,573 over the last 5 days.

The TSX overall saw 3,490 price advancers against 1,736 declines and 92 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 -4.53 percent in the last 52 weeks, while this year, they have eased -4.92%.

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 $1.90 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. 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..