Zanaga Iron Ore Company Limited (LON:ZIOC – Get Free Report)’s share price traded down 12.7% on Friday . The company traded as low as GBX 6.95 ($0.09) and last traded at GBX 7.56 ($0.09). 1,693,852 shares changed hands during mid-day trading, a decline of 6% from the average session volume of 1,801,407 shares. The stock had previously closed at GBX 8.66 ($0.11).
Zanaga Iron Ore Price Performance
The stock has a fifty day simple moving average of GBX 7.44 and a 200-day simple moving average of GBX 5.81. The company has a market capitalization of £55.56 million, a PE ratio of -775.00 and a beta of 2.44. The company has a current ratio of 0.08, a quick ratio of 2.83 and a debt-to-equity ratio of 1.00.
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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