Labrador Iron Ore Royalty Co. (OTCMKTS:LIFZF – Get Free Report)’s share price shot up 0.6% during mid-day trading on Monday . The company traded as high as $20.76 and last traded at $20.76. 8,780 shares traded hands during mid-day trading, a decline of 50% from the average session volume of 17,732 shares. The stock had previously closed at $20.6350.
Labrador Iron Ore Royalty Price Performance
The company’s 50 day moving average is $20.35 and its 200 day moving average is $20.28.
About Labrador Iron Ore Royalty
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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