Shares of Zanaga Iron Ore Company Limited (LON:ZIOC – Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 6.66 ($0.09) and traded as low as GBX 5.72 ($0.08). Zanaga Iron Ore shares last traded at GBX 5.72 ($0.08), with a volume of 154,691 shares.
Zanaga Iron Ore Stock Performance
The firm has a market capitalization of £38.38 million, a P/E ratio of -775.00 and a beta of 2.44. The stock has a fifty day simple moving average of GBX 5.34 and a two-hundred day simple moving average of GBX 6.65. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.99 and a quick ratio of 2.83.
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.
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