Labrador Iron Ore Royalty (TSE:LIF) Share Price Passes Below 200 Day Moving Average – Here’s What Happened

Posted by ABMN Staff on Jun 30th, 2026

Labrador Iron Ore Royalty Co. (TSE:LIF – Get Free Report) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$29.42 and traded as low as C$28.00. Labrador Iron Ore Royalty shares last traded at C$28.24, with a volume of 187,428 shares traded.

Wall Street Analyst Weigh In

Separately, TD Securities decreased their price target on Labrador Iron Ore Royalty from C$30.00 to C$29.00 and set a “hold” rating on the stock in a research report on Friday, March 13th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of C$29.50.

Get Our Latest Stock Report on LIF

Labrador Iron Ore Royalty Stock Down 0.7%

The stock has a fifty day moving average of C$28.25 and a 200-day moving average of C$29.42. The firm has a market capitalization of C$1.81 billion, a P/E ratio of 19.48, a PEG ratio of 0.94 and a beta of 0.34.

Labrador Iron Ore Royalty (TSE:LIF – Get Free Report) last issued its quarterly earnings data on Monday, May 4th. The company reported C$0.21 EPS for the quarter. Labrador Iron Ore Royalty had a net margin of 55.72% and a return on equity of 14.38%. The firm had revenue of C$35.75 million for the quarter. As a group, analysts forecast that Labrador Iron Ore Royalty Co. will post 3.7420091 EPS for the current fiscal year.

About Labrador Iron Ore Royalty

(Get Free Report)

Labrador Iron Ore Royalty Corporation is a Canadian corporation. The company generates all of its revenue from its equity investment in Iron Ore Company of Canada, (IOC) and its IOC royalty and commission interests. IOC operates a major iron mine near Labrador City, Newfoundland, and Labrador on lands leased from LIORC. Directly and through its wholly-owned subsidiary, Hollinger-Hanna, LIORC owns an equity interest in IOC and receives gross overriding royalty on all iron ore products produced from the leased lands that are sold and shipped by IOC and commission on IOC’s sales of iron ore.