Zanaga Iron Ore Company Limited (LON:ZIOC – Get Free Report)’s stock price was up 3.5% on Thursday. The stock traded as high as GBX 2.95 and last traded at GBX 2.95. Approximately 466,368 shares traded hands during trading, a decline of 80% from the average session volume of 2,290,083 shares. The stock had previously closed at GBX 2.85.
Zanaga Iron Ore Price Performance
The stock has a market cap of £29.24 million, a PE ratio of -3.28 and a beta of 1.86. The company’s fifty day moving average is GBX 3.36 and its 200 day moving average is GBX 4.78. The company has a quick ratio of 2.83, a current ratio of 8.62 and a debt-to-equity ratio of 0.08.
About Zanaga Iron Ore
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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