Tue Sep 24 04:18:55 UTC 2024: ## New Millennium Iron Corp. (NML.TO) Stock Soars 1,100% on Monday

**Toronto, Canada – September 24, 2024** – Shares of New Millennium Iron Corp. (NML.TO) experienced a dramatic surge on Monday, closing the day at C$4.08, a staggering 1,100% increase from the previous day’s close of C$0.34. The company’s stock reached a high of C$4.44 during the trading session.

The significant jump in share price comes as New Millennium Iron Corp. continues its exploration and development of iron ore deposits in Canada. The company’s flagship project is the Millennium Iron Range, encompassing the KéMag and LabMag taconite properties in Labrador Trough, Newfoundland and Labrador, as well as interests in the Menihek Region around Schefferville, Quebec.

While the volume of shares traded (193,538) was lower than the average session volume (462,145), the surge in price reflects investor optimism regarding the company’s potential. New Millennium Iron Corp. has a market capitalization of C$61.56 million and a P/E ratio of -816.00. The stock’s fifty-day moving average is C$2.66.

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