In market activity today, shares of Labrador Iron Ore Royalty Corp opened at $30.01 and closed at $29.42. Intraday prices ranged from $29.36 to $30.04.

The price decreased -2.16 percent from the previous day's close of $30.07.

Today across North America, the TSX Composite closed -1.35% at 21714.54, the S&P 500 closed -1.57% at 5035.69, the Dow Jones Industrial Average closed -1.49% at 37815.92 and the Nasdaq Composite closed -2.04% at 15657.82.

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

Trading volume was 148,278 on 1,044 total trades. On average, Labrador Iron Ore Royalty Corp has traded 142,715 shares over 5 days and 164,346 year-to-date.

The TSX market on the whole today saw 3,401 price advancers against 1,804 declines and 97 unchanged.

During the prior 52 weeks, LIF.TO has traded as high as $34.18 (September 15,2023) and low as $27.04 (May 05,2023). Moreover, in the last 52 weeks, Labrador Iron Ore Royalty Corp's shares have eased -1.90 percent, while this year, they have decreased -7.77%.

It announced a 0.45 dividend on March 12/24, with an March 27/24 ex-date and April 26/24 pay day.

Following today's trading, Labrador Iron Ore Royalty Corp has a market capitalization of $1.92 billion on a float of 64,000 shares outstanding. Its annual EPS is $2.91.

Labrador Iron Ore Royalty Corp is a TSX Steel company headquartered in St. John’s, CAN.

Currently, Labrador Iron Ore Royalty Corp has an average recommendation of "Moderate Buy" based on 4.00 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..