Labrador Iron Mines (OTCMKTS:LBRMF) Shares Up 200% – Here’s Why

Labrador Iron Mines Holdings Limited (OTCMKTS:LBRMFGet Free Report)’s stock price shot up 200% during mid-day trading on Tuesday . The stock traded as high as $0.12 and last traded at $0.12. 100 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 15,669 shares. The stock had previously closed at $0.04.

Labrador Iron Mines Stock Performance

The business has a 50 day moving average of $0.05 and a 200 day moving average of $0.06.

About Labrador Iron Mines

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Labrador Iron Mines Holdings Limited, a mineral resource company, engages in the exploration, development, and mining of iron ore projects in Canada. Its flagship project is the Houston project, which is an open pit direct shipping iron ore project located near the town of Schefferville. The company was incorporated in 2007 and is headquartered in Toronto, Canada.

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