Zanaga Iron Ore (LON:ZIOC) Share Price Passes Below 200 Day Moving Average of $7.29

Zanaga Iron Ore Company Limited (LON:ZIOCGet Free Report)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 7.29 ($0.09) and traded as low as GBX 4.60 ($0.06). Zanaga Iron Ore shares last traded at GBX 4.65 ($0.06), with a volume of 33,341 shares.

Zanaga Iron Ore Price Performance

The company has a current ratio of 0.38, a quick ratio of 2.83 and a debt-to-equity ratio of 0.59. The company has a market cap of £28.12 million, a P/E ratio of -775.00 and a beta of 2.22. The business’s fifty day moving average is GBX 6.05 and its 200 day moving average is GBX 7.29.

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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