Short Interest in Labrador Iron Mines Holdings Limited (OTCMKTS:LBRMF) Increases By 25.0%

Labrador Iron Mines Holdings Limited (OTCMKTS:LBRMFGet Free Report) was the target of a significant increase in short interest in March. As of March 31st, there was short interest totalling 1,000 shares, an increase of 25.0% from the March 15th total of 800 shares. Based on an average daily trading volume, of 43,500 shares, the days-to-cover ratio is currently 0.0 days.

Labrador Iron Mines Stock Down 3.3 %

Shares of OTCMKTS:LBRMF traded down $0.00 on Monday, reaching $0.04. 4,200 shares of the company traded hands, compared to its average volume of 22,351. Labrador Iron Mines has a 52 week low of $0.02 and a 52 week high of $0.10. The business’s 50-day simple moving average is $0.05 and its 200 day simple moving average is $0.06.

Labrador Iron Mines Company Profile

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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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