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

Today in trading, Labrador Iron Ore Royalty Corp stock opened at $30.40 and closed at $30.63. Intraday prices ranged from a low of $30.23 to a high of $30.68.

The price advanced 0.99 percent from the previous day's close of $30.33.

Today across North America, the TSX Composite closed 0.91% at 22814.81, the S&P 500 closed -0.51% at 5399.22, the Dow Jones Industrial Average closed 0.20% at 39935.07 and the Nasdaq Composite closed -0.93% at 17181.72.

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

A total of 105,682 shares was traded during the session, with total trades of 593. On average, Labrador Iron Ore Royalty Corp has traded 235,279 shares over the last 5-days and 183,637 year-to-date.

Trading across the entire TSX saw 3,857 price advancers against 1,325 declines and 128 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 -3.65% in 52 weeks, while they have decreased -3.98% 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 $1.94 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.

Labrador Iron Ore Royalty Corp is holding an average recommendation of "Moderate Buy" from 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..