Labrador Iron Mines Holdings Limited (OTCMKTS:LBRMF – Get Free Report)’s share price passed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $0.01 and traded as high as $0.0120. Labrador Iron Mines shares last traded at $0.0120, with a volume of 100 shares traded.
Labrador Iron Mines Stock Up 5,900.0%
Labrador Iron Mines Company Profile
Labrador Iron Mines Holdings Limited is a Canadian mineral development company focused on iron ore projects in the Labrador Trough, a major iron ore-producing region spanning parts of Newfoundland and Labrador and Quebec. The company’s activities have centered on the exploration, development, and potential production of direct-shipping iron ore.
Its principal assets include the Houston and adjacent-stage properties near Schefferville, Quebec, along with related infrastructure such as the Silver Yards processing facility.
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