What’s Ahead for LABRADOR IRON ORE ROYALTY CORPORATION After Today’s Huge Increase?

 What's Ahead for LABRADOR IRON ORE ROYALTY CORPORATION After Today's Huge Increase?

The stock of LABRADOR IRON ORE ROYALTY CORPORATION (TSE:LIF) is a huge mover today! About 94,924 shares traded hands. LABRADOR IRON ORE ROYALTY CORPORATION (TSE:LIF) has risen 25.62% since April 25, 2016 and is uptrending. It has outperformed by 20.36% the S&P500.
The move comes after 9 months positive chart setup for the $1.13B company. It was reported on Nov, 29 by Barchart.com. We have $18.50 PT which if reached, will make TSE:LIF worth $67.80 million more.

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. $22 is the highest target while $9 is the lowest. The $13.75 average target is -21.20% below today’s ($17.45) stock price. Labrador Iron Ore Royalty Corporation has been the topic of 20 analyst reports since August 7, 2015 according to StockzIntelligence Inc. Credit Suisse maintained the stock with “Neutral” rating in Wednesday, August 19 report. The firm earned “Hold” rating on Friday, August 7 by Desjardins Securities. On Friday, October 16 the stock rating was maintained by Scotia Capital with “Sector Outperform”. The firm earned “Outperform” rating on Tuesday, December 15 by RBC Capital Markets. The stock has “Market Perform” rating given by Raymond James on Monday, November 9. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, October 16. The stock of LABRADOR IRON ORE ROYALTY CORPORATION (TSE:LIF) earned “Market Perform” rating by BMO Capital Markets on Thursday, January 14. Canaccord Genuity upgraded LABRADOR IRON ORE ROYALTY CORPORATION (TSE:LIF) on Friday, September 4 to “Buy” rating. The stock of LABRADOR IRON ORE ROYALTY CORPORATION (TSE:LIF) earned “Outperform” rating by RBC Capital Markets on Thursday, October 20. The rating was upgraded by Raymond James on Tuesday, September 8 to “Outperform”.

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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