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Labrador Iron Mines Hldgs drops to 23-day low on high volume February 03, 2017 16:00 EST

Feb 03, 2017 - News Bites Canadian Markets

AMERICAN DAILY STOCK REPORT

Labrador Iron Mines Hldgs (PINKSHEETS:LBRMF) traded at its 23-day low of 2.0c. The stock price has plummeted 2.0c (50.0%) from its last trading session of February 02 to close at 2.0c. Compared with the NASDAQ-100 Index which rose 13.9 points (0.3%) in the day, the relative price change was -50.3%. The fall was exacerbated by high volume of 2.3 times the average daily volume of 21,811 shares.

SECTION 1

LABRADOR IRON MINES HLDGS BEARISH SIGNALS

1.1 Technicals...