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Stock Weekly: Labrador Iron Ore Royalty (LIF:CAD43.33) rises 1.0% with open interest rising

May 14, 2021 - News Bites Canadian Markets
Board and Executive Moves-Financial Results


Labrador Iron Ore Royalty Corporation (TSX:LIF), Canada's 2nd largest Steel company by market cap, rose for a fifth consecutive week on Friday bringing its a five-week rise to CAD6.70 or 18.3%. The unit price has increased 41.0c (or 1.0%) in the past week to close at CAD43.33. Compared with the S&P/TSX 60 Index which fell 1.5 points (or 0.1%) in the week, this represented a relative price increase of 1.1%.

The price ranged between a low of CAD42.92 on Ma...