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

Today, Labrador Iron Ore Royalty Corp shares closed at $30.68 after opening the day at $30.90. prices ranged from $30.66 to $31.09.

Shares advanced 0.29% from the previous day's close of $30.59.

Today across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

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

Trading volume was 206,409 on 1,194 total trades, with an average volume of 159,619 over the last 5 days.

The TSX market on the whole today saw 3,418 price advancers against 1,773 declines and 138 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 52 weeks, Labrador Iron Ore Royalty Corp's shares have dipped -2.29%, while in 2024, they have decreased -3.82%.

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.

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..