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

Champion Iron Limited (OTCMKTS:CIAFFGet Free Report)’s share price was down 7.3% during trading on Monday . The company traded as low as $3.06 and last traded at $3.06. Approximately 2,132 shares traded hands during trading, a decline of 94% from the average daily volume of 35,697 shares. The stock had previously closed at $3.30.

Champion Iron Stock Performance

The stock has a 50-day moving average of $3.57 and a 200 day moving average 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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