Shares of Zanaga Iron Ore Company Limited (LON:ZIOC – Get Free Report) were down 8.3% on Friday . The stock traded as low as GBX 3.05 and last traded at GBX 3.15. 1,904,988 shares were traded during trading, a decline of 28% from the average session volume of 2,649,206 shares. The stock had previously closed at GBX 3.44.
Zanaga Iron Ore Stock Down 8.3%
The firm has a market cap of £31.25 million, a P/E ratio of -3.50 and a beta of 1.89. The firm’s 50-day moving average price is GBX 3.95 and its 200 day moving average price is GBX 4.81. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.91 and a quick ratio of 2.83.
Zanaga Iron Ore Company Profile
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. Zanaga Iron Ore Company Limited was incorporated in 2009 and is based in Road Town, the British Virgin Islands.
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