Zanaga Iron Ore Company Limited (LON:ZIOC – Get Free Report)’s share price traded down 7.2% during trading on Wednesday . The company traded as low as GBX 5.56 ($0.07) and last traded at GBX 7 ($0.09). 928,184 shares traded hands during trading, an increase of 41% from the average session volume of 658,889 shares. The stock had previously closed at GBX 7.54 ($0.10).
Zanaga Iron Ore Stock Performance
The stock has a market capitalization of £48.37 million, a P/E ratio of -775.00 and a beta of 2.37. The company has a 50 day simple moving average of GBX 7.19 and a 200-day simple moving average of GBX 7.68. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.37 and a quick ratio of 2.83.
About Zanaga Iron Ore
Zanaga Iron Ore Company Limited, an investment holding company, engages in the exploration and development of iron ore properties. Its flagship asset is the 100% owned Zanaga Iron Ore Project located in the south west of the Republic of Congo. The company was formerly known as Jumelles Holdings Limited and changed its name to Zanaga Iron Ore Company Limited in October 2010.
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