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

Automated Summaries - The Globe and Mail - Mon Jul 29, 4:02PM CDT

Today, shares of Labrador Iron Ore Royalty Corp opened at $30.62 and closed at $30.53. prices ranged from $30.31 to $30.65.

The price shrank -0.33% from the previous day's close of $30.63.

Today across North America, the TSX Composite closed -0.15% at 22779.57, the S&P 500 closed 1.11% at 5459.10, the Dow Jones Industrial Average closed 1.64% at 40589.34 and the Nasdaq Composite closed 1.03% at 17357.88.

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

A total of 81,151 shares was traded during the session, with total trades of 564, with an average volume of 199,486 over the last 5 days.

The TSX overall saw 1,903 price advancers against 3,356 declines and 91 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 eased -2.77 percent, while they have dipped -4.29% 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 $1.96 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.

Based on 4.00 analysts, Labrador Iron Ore Royalty Corp gets an average recommendation of "Moderate Buy" 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..