Zanaga Iron Ore Company Limited (LON:ZIOC - Get Free Report) traded down 10% during mid-day trading on Wednesday . The company traded as low as GBX 8.25 ($0.11) and last traded at GBX 8.25 ($0.11). 438,763 shares changed hands during trading, a decline of 60% from the average session volume of 1,086,384 shares. The stock had previously closed at GBX 9.17 ($0.12).
Zanaga Iron Ore Stock Performance
The business's fifty day moving average price is GBX 7.96 and its 200-day moving average price is GBX 7.83. 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 has a market cap of £71.31 million, a PE ratio of -19,840.31 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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