Shares of Zanaga Iron Ore Company Limited (LON:ZIOC - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 7.78 ($0.11) and traded as low as GBX 7.52 ($0.10). Zanaga Iron Ore shares last traded at GBX 7.90 ($0.11), with a volume of 1,355,992 shares changing hands.
Zanaga Iron Ore Trading Down 0.4%
The company has a debt-to-equity ratio of 1.00, a current ratio of 0.08 and a quick ratio of 2.83. The business's fifty day simple moving average is GBX 7.56 and its 200 day simple moving average is GBX 7.77. The stock has a market cap of £66.61 million, a price-to-earnings ratio of -18,533.75 and a beta of 2.44.
Zanaga Iron Ore Company Profile
(
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.
Featured Stories
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
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.