Labrador Iron Ore Royalty (TSE:LIF) Shares Cross Above 50 Day Moving Average – What’s Next?

Posted by ABMN Staff on Jul 8th, 2026

Labrador Iron Ore Royalty Co. (TSE:LIF – Get Free Report) shares crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$28.18 and traded as high as C$28.21. Labrador Iron Ore Royalty shares last traded at C$27.30, with a volume of 309,671 shares.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Report on LIF

Labrador Iron Ore Royalty Stock Performance

The stock has a market capitalization of C$1.75 billion, a P/E ratio of 18.83, a PEG ratio of 0.94 and a beta of 0.33. The business has a fifty day simple moving average of C$28.18 and a 200-day simple moving average of C$29.31.

Labrador Iron Ore Royalty (TSE:LIF – Get Free Report) last issued its earnings results on Monday, May 4th. The company reported C$0.21 earnings per share (EPS) for the quarter. Labrador Iron Ore Royalty had a net margin of 55.72% and a return on equity of 14.38%. The business had revenue of C$35.75 million for the quarter. On average, sell-side analysts anticipate that Labrador Iron Ore Royalty Co. will post 3.7420091 earnings per share for the current year.

Labrador Iron Ore Royalty Company Profile

(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.