Shares of Labrador Iron Mines Holdings Limited (OTCMKTS:LBRMF – Get Free Report) passed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred 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 changing hands.
Labrador Iron Mines Price Performance
About Labrador Iron Mines
Labrador Iron Mines Holdings Limited is a Canadian mineral exploration and development company focused on iron ore projects in the Labrador Trough, an iron-rich geological region spanning parts of Labrador and Quebec. The company’s activities have centered on identifying, evaluating and developing deposits that can produce direct-shipping iron ore for use in steelmaking. The company’s principal assets include the Houston iron ore project and other properties in the Schefferville area of western Labrador and northeastern Quebec.
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