Labrador Iron Ore Royalty (TSE:LIF – Get Free Report) issued its quarterly earnings results on Thursday. The company reported C$0.38 earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of C$40.45 million for the quarter. Labrador Iron Ore Royalty had a return on equity of 12.04% and a net margin of 50.38%.
Labrador Iron Ore Royalty Stock Down 2.5%
Shares of LIF traded down C$0.55 during trading hours on Friday, hitting C$21.47. 573,454 shares of the company were exchanged, compared to its average volume of 229,757. Labrador Iron Ore Royalty has a fifty-two week low of C$19.67 and a fifty-two week high of C$31.97. The company has a market cap of C$1.37 billion, a price-to-earnings ratio of 17.89, a P/E/G ratio of 0.94 and a beta of 0.46. The firm’s fifty day moving average is C$23.39 and its 200 day moving average is C$27.18.
Labrador Iron Ore Royalty Company Profile
The Corporation holds a 15.
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