Is LABRADOR IRON ORE ROYALTY CORP CANADA (OTCMKTS: LIFZF) a purchase? Stock brought in fewer sellers



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July 7, 2018 – By Adrian Mccoy

The stock of LABRADOR IRRE ORE ROYALTY CORP CANADA (OTCMKTS: LIFZF) recorded a decline of 0.99% in short-term interest. LIFZF 's total short – term interest was 5.80 million shares in July, as published by FINRA. Its down 0.99% from 5.86 million shares, reported previously. With an average volume of 9700 shares, it will take 598 days for short sellers to hedge the short positions of their LIFZF. The short-term interest for LABRADOR IRON ORE ROYALTY CORP CANADA float is 9.15%

The stock price rose 4.72% or $ 0.85 over the course of last trading day, reaching $ 18.85. Approximately 3,244 shares were traded, 40.31% above average. Labrador Iron Ore Corporation (OTCMKTS: LIFZF) at 0.00% since July 7, 2017 and is. It underperformed the S & P500 by 12.57%.

Labrador Iron Ore Royalty Corporation, with its subsidiary Hollinger-Hanna Limited, holds a 15.10% interest in Iron Ore Company of Canada which operates an iron mine near Labrador City, Newfoundland. and Labrador. The company has a market capitalization of $ 1.26 billion. IOC is dedicated to the production and sale of iron ore pellets and concentrates in North America, Europe, the Middle East and the Asia-Pacific region. It has a 11.11 P / E ratio. The firm formerly called Labrador Iron Ore Royalty Income Fund and changed its name to Labrador Iron Ore Royalty Corporation in July 2010.

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By Adrian Mccoy

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