Labrador Iron Ore Royalty (OTCMKTS:LIFZF) Stock Price Down 1.4% – Should You Sell?

Labrador Iron Ore Royalty Co. (OTCMKTS:LIFZFGet Free Report)’s share price dropped 1.4% on Monday . The stock traded as low as $20.36 and last traded at $20.59. Approximately 21,555 shares changed hands during mid-day trading, an increase of 3% from the average daily volume of 21,026 shares. The stock had previously closed at $20.89.

Labrador Iron Ore Royalty Trading Down 1.2 %

The company’s 50-day moving average price is $21.15 and its 200-day moving average price is $21.55.

About Labrador Iron Ore Royalty

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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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