Shares of Zanaga Iron Ore Company Limited (LON:ZIOC – Get Free Report) hit a new 52-week low on Friday . The stock traded as low as GBX 3.51 ($0.04) and last traded at GBX 3.51 ($0.04), with a volume of 108641 shares trading hands. The stock had previously closed at GBX 3.84 ($0.05).
Zanaga Iron Ore Stock Down 8.6 %
The firm has a market capitalization of £23.55 million, a PE ratio of -775.00 and a beta of 2.44. The firm’s 50 day moving average price is GBX 4.50 and its two-hundred day moving average price is GBX 5.49. The company has a quick ratio of 2.83, a current ratio of 0.08 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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