Zanaga Iron Ore Company Limited (LON:ZIOC – Get Free Report)’s share price was down 7.2% on Wednesday . The stock traded as low as GBX 5.56 ($0.07) and last traded at GBX 7 ($0.09). Approximately 928,184 shares were traded during mid-day trading, an increase of 41% from the average daily volume of 658,889 shares. The stock had previously closed at GBX 7.54 ($0.10).
Zanaga Iron Ore Price Performance
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 has a market capitalization of £43.63 million, a PE ratio of -775.00 and a beta of 2.37. The company has a fifty day moving average price of GBX 7.20 and a two-hundred day moving average price of GBX 7.69.
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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