Shares of Zanaga Iron Ore Company Limited (LON:ZIOC – Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 7.70 and traded as low as GBX 7.36. Zanaga Iron Ore shares last traded at GBX 7.36, with a volume of 192,831 shares trading hands.
Zanaga Iron Ore Stock Up 7.8%
The firm has a market cap of £66.02 million, a P/E ratio of -11.33 and a beta of 2.44. The company’s 50-day simple moving average is GBX 7.66 and its 200 day simple moving average is GBX 7.70. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.08 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.
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