Zanaga Iron Ore Company Limited (LON:ZIOC - Get Free Report) was down 10.3% on Tuesday . The company traded as low as GBX 7.20 ($0.10) and last traded at GBX 7.48 ($0.10). Approximately 619,600 shares traded hands during trading, a decline of 41% from the average daily volume of 1,049,498 shares. The stock had previously closed at GBX 8.34 ($0.11).
Zanaga Iron Ore Price Performance
The stock has a 50 day simple moving average of GBX 8.11 and a two-hundred day simple moving average of GBX 7.97. The firm has a market cap of £62.52 million, a PE ratio of -17,396.56 and a beta of 2.44. 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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