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Labrador Iron Ore Royalty drops on high volatility January 09, 2019 17:00 EST

Jan 09, 2019 - News Bites Canadian Markets


Labrador Iron Ore Royalty Corporation (TSX:LIF), Canada's largest Steel company by market cap, traded between an intraday low of CAD24.11 and a high of CAD24.79, suggesting a trading opportunity between peaks and troughs. The average daily volatility of 3.1% places Labrador Iron Ore Royalty's unit in the 3rd quartile in the market, meaning it is the mildly volatile. Today its volatility (highest price minus lowest price/lowest price) of 2.8% was 0.9 times the av...