Labrador Iron Ore Royalty (OTCMKTS:LIFZF) Trading 2.3% Higher

Labrador Iron Ore Royalty Co. (OTCMKTS:LIFZFGet Free Report) shares shot up 2.3% during mid-day trading on Thursday . The company traded as high as $22.00 and last traded at $21.91. 5,453 shares changed hands during trading, a decline of 37% from the average session volume of 8,680 shares. The stock had previously closed at $21.40.

Labrador Iron Ore Royalty Trading Up 2.3 %

The firm’s 50-day moving average price is $21.84 and its 200-day moving average price is $22.66.

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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