Champion Iron Limited (OTCMKTS:CIAFF – Get Free Report) shot up 9.5% during mid-day trading on Wednesday . The company traded as high as $4.26 and last traded at $4.25. 46,785 shares were traded during trading, an increase of 51% from the average session volume of 30,968 shares. The stock had previously closed at $3.88.
Champion Iron Stock Up 9.5 %
The business’s fifty day moving average is $4.08 and its 200 day moving average is $4.23.
About Champion Iron
Champion Iron Limited engages in the acquisition, exploration, development, and production of iron ore deposits in Canada. Its flagship projects include the Bloom Lake Mine located in south end of the Labrador; the Consolidated Fire Lake North project that includes the Fire Lake North, Don Lake, Bellechasse, and Oil Can deposits situated in Quebec; and the Kamistiatusset project located in the Labrador.
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