Labrador Iron Ore Royalty (OTCMKTS:LIFZF) Trading Down 1.4% – Here’s Why

Labrador Iron Ore Royalty Co. (OTCMKTS:LIFZFGet Free Report)’s stock price fell 1.4% during mid-day trading on Monday . The stock traded as low as $20.36 and last traded at $20.59. 21,555 shares changed hands during mid-day trading, an increase of 3% from the average session volume of 21,026 shares. The stock had previously closed at $20.89.

Labrador Iron Ore Royalty Trading Down 1.4 %

The business has a fifty day moving average price of $21.16 and a 200 day moving average price of $21.56.

About Labrador Iron Ore Royalty

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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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