Labrador Iron Ore Royalty (OTCMKTS:LIFZF) Trading Up 1.1%

Shares of Labrador Iron Ore Royalty Co. (OTCMKTS:LIFZFGet Rating) were up 1.1% during mid-day trading on Tuesday . The company traded as high as $28.85 and last traded at $28.85. Approximately 4,038 shares were traded during trading, a decline of 16% from the average daily volume of 4,796 shares. The stock had previously closed at $28.53.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on LIFZF shares. Raymond James upped their price target on shares of Labrador Iron Ore Royalty from C$34.00 to C$36.00 in a report on Tuesday, January 3rd. Scotiabank reduced their target price on shares of Labrador Iron Ore Royalty from C$33.00 to C$31.00 in a research note on Friday, November 4th.

Labrador Iron Ore Royalty Price Performance

The company’s 50 day moving average is $25.59 and its two-hundred day moving average is $23.13.

About Labrador Iron Ore Royalty

(Get Rating)

Labrador Iron Ore Royalty Corp. engages in mining for iron ore. It owns interests in Iron Ore Company of Canada which operates a major iron mine near Labrador City, Newfoundland, and Labrador on lands leased from the company. The company was founded in 1995 and is headquartered in Toronto, Canada.

Further Reading

Receive News & Ratings for Labrador Iron Ore Royalty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Labrador Iron Ore Royalty and related companies with MarketBeat.com's FREE daily email newsletter.