Labrador Iron Ore Royalty Co. (OTCMKTS:LIFZF – Get Free Report) was down 1.7% on Monday . The company traded as low as $20.68 and last traded at $20.68. Approximately 29,238 shares changed hands during mid-day trading, an increase of 55% from the average daily volume of 18,903 shares. The stock had previously closed at $21.03.
Labrador Iron Ore Royalty Price Performance
The business’s 50-day moving average price is $21.08 and its two-hundred day moving average price is $21.65.
Labrador Iron Ore Royalty Company Profile
Labrador Iron Ore Royalty Corporation, through its subsidiary, Hollinger-Hanna Limited, holds a 15.10% equity interest in Iron Ore Company of Canada (IOC) that produces and processes iron ores at Labrador City, Newfoundland and Labrador. Its primary products include standard and low silica acid, flux, and direct reduction pellets; iron ore concentrate; and seaborne iron ore pellets.
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