Zanaga Iron Ore Company Limited (LON:ZIOC - Get Free Report)'s stock price shot up 13.9% during trading on Wednesday . The company traded as high as GBX 9.44 ($0.13) and last traded at GBX 8.88 ($0.12). 1,123,841 shares traded hands during trading, an increase of 5% from the average session volume of 1,069,282 shares. The stock had previously closed at GBX 7.80 ($0.11).
Zanaga Iron Ore Trading Up 7.6%
The company has a debt-to-equity ratio of 1.00, a quick ratio of 2.83 and a current ratio of 0.08. The stock's 50-day simple moving average is GBX 8.09 and its 200-day simple moving average is GBX 7.94. The firm has a market capitalization of £73.42 million, a PE ratio of -20,428.26 and a beta of 2.44.
Zanaga Iron Ore Company Profile
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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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