Labrador Iron Ore Royalty (TSE:LIF) Sets New 1-Year Low – What’s Next?

Labrador Iron Ore Royalty Co. (TSE:LIF – Get Free Report)’s stock price reached a new 52-week low on Thursday. The company traded as low as C$25.06 and last traded at C$25.10, with a volume of 90051 shares changing hands. The stock had previously closed at C$25.60.

Labrador Iron Ore Royalty Stock Performance

The company has a market capitalization of C$1.58 billion, a price-to-earnings ratio of 20.63, a price-to-earnings-growth ratio of 0.94 and a beta of 0.33. The firm has a fifty day moving average price of C$26.30 and a 200-day moving average price of C$27.63.

Labrador Iron Ore Royalty (TSE:LIF – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported C$0.17 EPS for the quarter. The business had revenue of C$33.97 million during the quarter. Labrador Iron Ore Royalty had a return on equity of 12.04% and a net margin of 50.38%. On average, sell-side analysts forecast that Labrador Iron Ore Royalty Co. will post 3.7420091 EPS for the current fiscal year.

About Labrador Iron Ore Royalty

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The Corporation holds a 15.

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