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Monthly: Labrador Iron Ore Royalty adds CAD141 million (US$109 million) in MCap in September, highest in Steel sector

Sep 28, 2018 - News Bites Canadian Markets


Labrador Iron Ore Royalty (TSX:LIF), Canada's 2nd largest Steel company by market cap, has climbed CAD2.21 (or 8.5%) in the month ended September 28 to close at CAD28.12. This gain makes the stock the highest rising one in the Steel sector which is down 5.7%. The volume in the month was 0.8 times the average trading of 4.8 million units per month. Compared with the S&P/TSX 60 Index which fell 19.1 points (or 2.0%) in the month, this represented a relative pric...