Champion Iron (OTCMKTS:CIAFF) Shares Up 1.7% – Should You Buy?

Shares of Champion Iron Limited (OTCMKTS:CIAFFGet Free Report) were up 1.7% during trading on Monday . The company traded as high as $3.66 and last traded at $3.66. Approximately 14,300 shares traded hands during trading, a decline of 62% from the average daily volume of 37,176 shares. The stock had previously closed at $3.60.

Champion Iron Price Performance

The company’s 50-day simple moving average is $3.92 and its two-hundred day simple moving average is $4.03.

About Champion Iron

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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.

Further Reading

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