Labrador Iron Ore Royalty (OTCMKTS:LIFZF) Stock Price Down 1.4% – Here’s Why

Labrador Iron Ore Royalty Co. (OTCMKTS:LIFZF)’s stock price dropped 1.4% during mid-day trading on Monday . The company traded as low as $20.36 and last traded at $20.59. Approximately 21,555 shares were traded during trading, an increase of 3% from the average daily volume of 21,026 shares. The stock had previously closed at $20.89.

Labrador Iron Ore Royalty Stock Down 1.4 %

The company has a 50-day simple moving average of $21.16 and a two-hundred day simple moving average of $21.56.

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.