Labrador Iron Mines (OTCMKTS:LBRMF – Get Rating) had its price target dropped by equities research analysts at Scotiabank from C$48.00 to C$45.00 in a note issued to investors on Monday, The Fly reports.
Separately, TD Securities dropped their price target on shares of Labrador Iron Mines from C$45.00 to C$36.00 in a research note on Monday.
Labrador Iron Mines stock remained flat at $$0.10 during mid-day trading on Monday. 7,300 shares of the company’s stock traded hands, compared to its average volume of 36,099. Labrador Iron Mines has a one year low of $0.02 and a one year high of $0.33. The business has a 50-day moving average of $0.12 and a two-hundred day moving average of $0.11.
Labrador Iron Mines Holdings Limited, a mineral resource company, engages in the business of exploration, development, and mining of iron ore projects in Canada. Its principal projects are the Schefferville and the Houston, which consisting of the Houston and Malcolm properties, and the Elizabeth Taconite property.
- Get a free copy of the StockNews.com research report on Labrador Iron Mines (LBRMF)
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