Shares of Zanaga Iron Ore Company Limited (LON:ZIOC - Get Free Report) traded up 7.2% on Monday . The company traded as high as GBX 8.19 ($0.11) and last traded at GBX 8.15 ($0.11). 338,969 shares were traded during mid-day trading, a decline of 66% from the average session volume of 1,009,845 shares. The stock had previously closed at GBX 7.60 ($0.10).
Zanaga Iron Ore Stock Performance
The business has a fifty day simple moving average of GBX 7.63 and a two-hundred day simple moving average of GBX 7.79. The company has a quick ratio of 2.83, a current ratio of 0.08 and a debt-to-equity ratio of 1.00. The company has a market cap of £68.70 million, a P/E ratio of -19,114.44 and a beta of 2.44.
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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