Labrador Iron Ore Royalty (OTCMKTS:LIFZF – Get Free Report) is anticipated to release its results after the market closes on Monday, May 4th. Analysts expect Labrador Iron Ore Royalty to post earnings of $0.4008 per share and revenue of $27.3180 million for the quarter.
Labrador Iron Ore Royalty Price Performance
Shares of OTCMKTS:LIFZF opened at $20.79 on Monday. Labrador Iron Ore Royalty has a 52 week low of $18.90 and a 52 week high of $23.29. The business has a fifty day simple moving average of $21.50 and a 200-day simple moving average of $21.47.
About Labrador Iron Ore Royalty
Labrador Iron Ore Royalty Limited (OTCMKTS:LIFZF) is a Canadian mineral royalty company headquartered in St. John’s, Newfoundland and Labrador. Established in 1965 under a strategic agreement with the Iron Ore Company of Canada (IOC), the company holds a 7.7% gross royalty on iron ore concentrate production from IOC’s operations in the Labrador Trough. This long-term royalty interest provides a steady, passive revenue stream tied to iron ore prices and production levels at one of North America’s largest iron ore facilities.
In addition to its core royalty business, Labrador Iron Ore Royalty maintains an exploration portfolio of iron ore properties within the Labrador Trough.
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