Free Trial

Zanaga Iron Ore (LON:ZIOC) Trading Down 8.1% - Time to Sell?

Zanaga Iron Ore logo with Basic Materials background

Key Points

  • Zanaga Iron Ore Company Limited experienced an 8.1% decline in stock price, trading at GBX 6.93 ($0.09) during mid-day trading.
  • The company's market capitalization is approximately £64.79 million, with a significant price-to-earnings ratio of -18,025.65.
  • Zanaga Iron Ore focuses on the exploration and development of iron ore properties, notably the 100% owned Zanaga Iron Ore Project in the Republic of Congo.
  • Looking to export and analyze Zanaga Iron Ore data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Zanaga Iron Ore Company Limited (LON:ZIOC - Get Free Report)'s stock price traded down 8.1% during trading on Friday . The company traded as low as GBX 6.93 ($0.09) and last traded at GBX 6.93 ($0.09). 1,075,756 shares traded hands during mid-day trading, an increase of 6% from the average session volume of 1,012,376 shares. The stock had previously closed at GBX 7.54 ($0.10).

Zanaga Iron Ore Stock Up 2.8%

The company has a debt-to-equity ratio of 1.00, a current ratio of 0.08 and a quick ratio of 2.83. The firm's 50 day moving average price is GBX 7.85 and its two-hundred day moving average price is GBX 7.83. The firm has a market cap of £66.21 million, a price-to-earnings ratio of -18,422.45 and a beta of 2.44.

About Zanaga Iron Ore

(Get Free Report)

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.

Featured Articles

Should You Invest $1,000 in Zanaga Iron Ore Right Now?

Before you consider Zanaga Iron Ore, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Zanaga Iron Ore wasn't on the list.

While Zanaga Iron Ore currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Best High-Yield Dividend Stocks for 2025 Cover

Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Next Tech Boom: AI Robots Are Coming Sooner Than You Think!
Tech Stocks Stumble: Will Nvidia’s Report Spark a Rebound?
Follow the Money: 5 Stocks Institutions Are Buying NOW

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines