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Labrador Iron Mines Holdings Limited (LBRMF)


Other OTC - Other OTC Delayed Price. Currency in USD
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0.0050.000 (0.000%)
As of 11:44AM EDT. Market open.
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Previous Close0.005
Open0.000
Bid0.000 x
Ask0.000 x
Day's Range0.000 - 0.000
52 Week Range
Volume0
Avg. Volume3,250
Market Cap811.82k
BetaN/A
PE Ratio (TTM)0.01
EPS (TTM)0.44
Earnings DateN/A
Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • Reuters - UK Focus2 years ago

    Hit by price dive, Canada's Labrador Iron Mines seeks court protection

    Canada's Labrador Iron Mines Holdings sought court protection from creditors on Thursday, making it the latest victim of a high-stakes battle for market share among major producers that has sent iron ore prices tumbling and crippled small players. The Toronto-based company, which owns assets in the iron-ore-rich Labrador trough in Eastern Canada, mothballed its operations last year and is now seeking to complete a restructuring so it can eventually resume operations. This is not a liquidation and get-out-of-town situation," Labrador Iron Chief Executive John Kearney said in an interview. Iron ore prices hit new lows this week due to lingering concern over a supply glut and weak steel demand in China, the world's top consumer of both iron ore and steel.

  • Reuters2 years ago

    Hit by price dive, Canada's Labrador Iron Mines seeks court protection

    Canada's Labrador Iron Mines Holdings sought court protection from creditors on Thursday, making it the latest victim of a high-stakes battle for market share among major producers that has sent iron ore prices tumbling and crippled small players. The Toronto-based company, which owns assets in the iron-ore-rich Labrador trough in Eastern Canada, mothballed its operations last year and is now seeking to complete a restructuring so it can eventually resume operations. This is not a liquidation and get-out-of-town situation," Labrador Iron Chief Executive John Kearney said in an interview. Iron ore prices hit new lows this week due to lingering concern over a supply glut and weak steel demand in China, the world's top consumer of both iron ore and steel.

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