Labrador Iron Ore Royalty (OTCMKTS:LIFZF) Price Target Cut to C$36.00

Labrador Iron Ore Royalty (OTCMKTS:LIFZF – Get Rating) had its price target dropped by Raymond James to C$36.00 in a research note issued to investors on Thursday, The Fly reports.

Labrador Iron Ore Royalty Trading Down 5.3 %

OTCMKTS:LIFZF opened at $23.02 on Thursday. Labrador Iron Ore Royalty has a one year low of $19.35 and a one year high of $39.41. The firm’s fifty day moving average price is $27.52 and its two-hundred day moving average price is $24.49.

About Labrador Iron Ore Royalty

(Get Rating)

Labrador Iron Ore Royalty Corp. engages in mining for iron ore. It owns interests in Iron Ore Company of Canada which operates a major iron mine near Labrador City, Newfoundland, and Labrador on lands leased from the company. The company was founded in 1995 and is headquartered in Toronto, Canada.