Labrador Iron Ore Royalty (OTCMKTS:LIFZF) Shares Down 1.3% – Time to Sell?

Labrador Iron Ore Royalty Co. (OTCMKTS:LIFZFGet Free Report)’s share price dropped 1.3% during trading on Tuesday . The stock traded as low as $21.17 and last traded at $21.17. Approximately 44,985 shares were traded during mid-day trading, an increase of 141% from the average daily volume of 18,687 shares. The stock had previously closed at $21.45.

Labrador Iron Ore Royalty Stock Down 1.3 %

The company has a fifty day simple moving average of $20.87 and a 200 day simple moving average of $21.82.

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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