Shares of Champion Iron Limited (OTCMKTS:CHPRF – Get Free Report) dropped 3.8% during mid-day trading on Wednesday . The company traded as low as $3.50 and last traded at $3.50. Approximately 143,875 shares were traded during trading, an increase of 355% from the average daily volume of 31,596 shares. The stock had previously closed at $3.64.
Champion Iron Trading Down 0.7%
The business’s fifty day simple moving average is $3.56 and its 200-day simple moving average is $3.77.
Champion Iron Company Profile
Champion Iron is a Canada-based mining company primarily engaged in the production and sale of high-grade iron ore concentrate. The company operates the Bloom Lake mine, located near Fermont in Québec’s Labrador Trough, which includes an open-pit mine and a concentrator with an annual design capacity of approximately 15 million tonnes. Champion Iron’s operations extend from ore extraction and on-site processing to the logistics chain that delivers concentrate to port facilities.
The core product of Champion Iron is a premium 66% iron content hematite concentrate, which is marketed to steelmakers around the world.
Featured Articles
- Five stocks we like better than Champion Iron
- SpaceX IPO: Opportunity? Or the Ultimate Hype Trade?
- CAVA Group’s Stock Looks Delicious After Strong Earnings
- Lowe’s Finds Support at $215 After Q1 Earnings Sell-Off
- Deere Beats Q2 Estimates, But Ag Weakness Weighs on Outlook
Receive News & Ratings for Champion Iron Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Champion Iron and related companies with MarketBeat.com's FREE daily email newsletter.
