Champion Iron (OTCMKTS:CIAFF) Trading Up 9.8% – Here’s What Happened

Champion Iron Limited (OTCMKTS:CIAFFGet Free Report)’s share price rose 9.8% during trading on Friday . The stock traded as high as $3.80 and last traded at $3.80. Approximately 7,752 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 45,004 shares. The stock had previously closed at $3.46.

Champion Iron Price Performance

The company has a 50-day simple moving average of $3.63 and a 200 day simple moving average of $3.84.

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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