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

Automated Summaries - The Globe and Mail - Fri Aug 2, 4:01PM CDT

Today during trading, Labrador Iron Ore Royalty Corp shares opened at $30.50 and closed at $30.64. Intraday prices ranged from a low of $30.16 to a high of $30.65.

Share prices advanced 0.03 percent from the previous day's close of $30.63.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

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

Trading volume was 85,395 on 626 total trades, while having an average volume of 109,829 in the last five days.

The TSX market on the whole today saw 741 price advancers against 4,512 declines and 69 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 eased 0.00 percent, while this year, they have shrunken -3.95%.

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'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..