Zanaga Iron Ore Company Limited (LON:ZIOC – Get Free Report) was down 8.4% during trading on Wednesday . The company traded as low as GBX 10.10 ($0.12) and last traded at GBX 10.10 ($0.12). Approximately 2,268,505 shares traded hands during trading, a decline of 59% from the average daily volume of 5,525,290 shares. The stock had previously closed at GBX 11.03 ($0.14).
Zanaga Iron Ore Stock Down 11.9 %
The business’s fifty day simple moving average is GBX 5.77 and its two-hundred day simple moving average is GBX 5.46. The company has a market cap of £50.92 million, a PE ratio of -775.00 and a beta of 2.44. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.08 and a quick ratio of 2.83.
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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