The stock of LABRADOR IRON ORE ROYALTY CORPORATION (TSE:LIF) is a huge mover today! About 31,504 shares traded hands. LABRADOR IRON ORE ROYALTY CORPORATION (TSE:LIF) has risen 13.54% since April 21, 2016 and is uptrending. It has outperformed by 8.13% the S&P500.
The move comes after 6 months negative chart setup for the $1.11 billion company. It was reported on Nov, 25 by Barchart.com. We have $16.02 PT which if reached, will make TSE:LIF worth $88.80 million less.
LABRADOR IRON ORE ROYALTY CORPORATION (TSE:LIF) Ratings Coverage
Out of 5 analysts covering Labrador Iron Ore Royalty Corporation (TSE:LIF), 2 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 40% are positive. Labrador Iron Ore Royalty Corporation has been the topic of 20 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The company was maintained on Wednesday, August 19 by Credit Suisse. As per Friday, October 16, the company rating was maintained by Scotia Capital. The stock of LABRADOR IRON ORE ROYALTY CORPORATION (TSE:LIF) earned “Buy” rating by Canaccord Genuity on Friday, September 4. The rating was downgraded by BMO Capital Markets to “Market Perform” on Thursday, January 14. RBC Capital Markets maintained it with “Outperform” rating and $16 target price in Thursday, October 20 report. The stock of LABRADOR IRON ORE ROYALTY CORPORATION (TSE:LIF) earned “Outperform” rating by RBC Capital Markets on Tuesday, December 15. As per Tuesday, September 8, the company rating was upgraded by Raymond James. The stock has “Outperform” rating given by RBC Capital Markets on Friday, October 16. The firm has “Market Perform” rating by Raymond James given on Monday, November 9. The firm has “Hold” rating by Desjardins Securities given on Friday, August 7.
More news for LABRADOR IRON ORE ROYALTY CORPORATION (TSE:LIF) were recently published by: Business.Financialpost.com, which released: “Thursday is voting day for Labrador Iron Ore Royalty Corp” on May 27, 2015. Fool.ca‘s article titled: “Should You Buy Labrador Iron Ore Royalty Company?” and published on January 29, 2014 is yet another important article.
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