Zanaga Iron Ore Company Limited (LON:ZIOC – Get Free Report) rose 10.5% during trading on Friday . The company traded as high as GBX 5.43 ($0.07) and last traded at GBX 5.43 ($0.07). Approximately 297,118 shares traded hands during mid-day trading, a decline of 63% from the average daily volume of 805,036 shares. The stock had previously closed at GBX 4.92 ($0.06).
Zanaga Iron Ore Stock Up 10.5 %
The business has a 50 day simple moving average of GBX 5.50 and a 200 day simple moving average of GBX 6.73. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.99 and a quick ratio of 2.83. The stock has a market cap of £36.34 million, a PE ratio of -775.00 and a beta of 2.42.
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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