Zanaga Iron Ore Company Limited (LON:ZIOC - Get Free Report) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 7.78 ($0.10) and traded as low as GBX 7.40 ($0.10). Zanaga Iron Ore shares last traded at GBX 7.80 ($0.10), with a volume of 3,318,871 shares traded.
Zanaga Iron Ore Stock Down 3.0%
The firm has a market cap of £61.39 million, a price-to-earnings ratio of -2,458.33 and a beta of 2.44. The business's 50 day moving average price is GBX 7.50 and its 200 day moving average price is GBX 7.77. The company has a debt-to-equity ratio of 1.00, a quick ratio of 2.83 and a current ratio of 0.08.
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.
See Also
Before you consider Zanaga Iron Ore, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Zanaga Iron Ore wasn't on the list.
While Zanaga Iron Ore currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
