Champion Iron (OTCMKTS:CIAFF) Trading Down 7.3% – Here’s What Happened

Champion Iron Limited (OTCMKTS:CIAFFGet Free Report) dropped 7.3% on Monday . The stock traded as low as $3.06 and last traded at $3.06. Approximately 2,132 shares were traded during mid-day trading, a decline of 94% from the average daily volume of 35,697 shares. The stock had previously closed at $3.30.

Champion Iron Price Performance

The firm has a 50-day moving average price of $3.57 and a two-hundred day moving average price of $3.81.

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.

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