Zanaga Iron Ore Company Limited (LON:ZIOC - Get Free Report) shares rose 17.1% during mid-day trading on Friday . The company traded as high as GBX 9.88 ($0.13) and last traded at GBX 9.88 ($0.13). Approximately 865,448 shares changed hands during trading, a decline of 22% from the average daily volume of 1,106,789 shares. The stock had previously closed at GBX 8.44 ($0.11).
Zanaga Iron Ore Stock Up 9.3%
The firm has a 50 day moving average price of GBX 7.78 and a two-hundred day moving average price of GBX 7.71. The company has a current ratio of 0.08, a quick ratio of 2.83 and a debt-to-equity ratio of 1.00. The firm has a market capitalization of £81.31 million, a price-to-earnings ratio of -22,622.79 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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