Champion Iron (OTCMKTS:CIAFF) Trading Up 9.5% – Here’s What Happened

Champion Iron Limited (OTCMKTS:CIAFFGet Free Report) was up 9.5% during mid-day trading on Wednesday . The stock traded as high as $4.26 and last traded at $4.25. Approximately 46,785 shares traded hands during mid-day trading, an increase of 51% from the average daily volume of 30,968 shares. The stock had previously closed at $3.88.

Champion Iron Stock Up 9.5 %

The firm has a fifty day moving average price of $4.08 and a two-hundred day moving average price of $4.23.

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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