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Zanaga Iron Ore (LON:ZIOC) Trading Up 9.8% - What's Next?

Zanaga Iron Ore logo with Basic Materials background

Shares of Zanaga Iron Ore Company Limited (LON:ZIOC - Get Free Report) traded up 9.8% during trading on Thursday . The company traded as high as GBX 7.40 ($0.10) and last traded at GBX 7.40 ($0.10). 133,664 shares changed hands during trading, a decline of 90% from the average session volume of 1,357,908 shares. The stock had previously closed at GBX 6.74 ($0.09).

Zanaga Iron Ore Stock Up 0.8 %

The company's 50 day moving average price is GBX 7.73 and its two-hundred day moving average price is GBX 6.69. The company has a current ratio of 0.08, a quick ratio of 2.83 and a debt-to-equity ratio of 1.00. The firm has a market cap of £64.85 million, a PE ratio of -18,045.00 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.

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