Shares of Zanaga Iron Ore Company Limited (LON:ZIOC – Get Free Report) traded up 7.4% during mid-day trading on Thursday . The stock traded as high as GBX 5.34 ($0.07) and last traded at GBX 5.34 ($0.07). 726,656 shares traded hands during mid-day trading, a decline of 15% from the average session volume of 851,027 shares. The stock had previously closed at GBX 4.98 ($0.06).
Zanaga Iron Ore Price Performance
The stock has a market capitalization of £34.38 million, a PE ratio of -775.00 and a beta of 2.37. The company has a current ratio of 0.37, a quick ratio of 2.83 and a debt-to-equity ratio of 1.53. The firm’s 50-day moving average price is GBX 6.17 and its 200-day moving average price is GBX 7.07.
Zanaga Iron Ore Company Profile
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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