Labrador Iron Ore Royalty (OTCMKTS:LIFZF) Trading Down 1.1% – Here’s What Happened

Labrador Iron Ore Royalty Co. (OTCMKTS:LIFZFGet Free Report) traded down 1.1% during trading on Tuesday . The stock traded as low as $22.05 and last traded at $22.05. 7,382 shares traded hands during trading, a decline of 57% from the average session volume of 17,357 shares. The stock had previously closed at $22.2950.

Labrador Iron Ore Royalty Stock Performance

The stock’s 50-day moving average is $20.78 and its 200 day moving average is $20.42.

Labrador Iron Ore Royalty Company Profile

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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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