Champion Iron Limited (OTCMKTS:CHPRF – Get Free Report)’s stock price was down 4.8% during mid-day trading on Tuesday . The company traded as low as $3.77 and last traded at $3.77. Approximately 4,072 shares traded hands during mid-day trading, a decline of 87% from the average daily volume of 31,596 shares. The stock had previously closed at $3.96.
Champion Iron Trading Down 4.8%
The business has a 50-day moving average price of $4.11 and a 200 day moving average price of $3.50.
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.
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