Zanaga Iron Ore (LON:ZIOC) Hits New 12-Month Low – Here’s What Happened

Zanaga Iron Ore Company Limited (LON:ZIOCGet Free Report)’s stock price hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 3.75 ($0.05) and last traded at GBX 3.86 ($0.05), with a volume of 585655 shares traded. The stock had previously closed at GBX 4.11 ($0.05).

Zanaga Iron Ore Price Performance

The company has a 50 day moving average price of GBX 4.91 and a 200 day moving average price of GBX 5.75. The firm has a market cap of £25.91 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

(Get Free Report)

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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