New Millennium Iron (TSE:NML) Stock Price Down 12.5%
New Millennium Iron Corp (TSE:NML) shares traded down 12.5% during trading on Monday . The company traded as low as C$0.07 and last traded at C$0.07. 23,000 shares changed hands during trading, a decline of 89% from the average session volume of 214,394 shares. The stock had previously closed at C$0.08.
The firm has a market capitalization of $14.48 million and a P/E ratio of 11.67. The firm’s fifty day simple moving average is C$0.07.
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New Millennium Iron Corp. explores for, evaluates, and develops iron ore deposits in Canada. The company's principal property is the Millennium Iron Range project, which include interests in the KéMag and LabMag taconite properties located in the Labrador Trough covering the province of Newfoundland and Labrador, as well as in the Menihek Region around Schefferville, Québec.
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