Shares of Zanaga Iron Ore Company Limited (LON:ZIOC - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 7.74 ($0.11) and traded as low as GBX 6.70 ($0.09). Zanaga Iron Ore shares last traded at GBX 6.98 ($0.10), with a volume of 772,126 shares changing hands.
Zanaga Iron Ore Stock Performance
The company has a market capitalization of £55.94 million, a P/E ratio of -2,240.00 and a beta of 2.44. The firm has a 50 day moving average price of GBX 7.44 and a two-hundred day moving average price of GBX 7.68. 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
(
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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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