Zanaga Iron Ore (LON:ZIOC) Stock Passes Below Two Hundred Day Moving Average of $8.57

Shares of Zanaga Iron Ore Co Ltd (LON:ZIOC) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $8.57 and traded as low as $10.20. Zanaga Iron Ore shares last traded at $11.67, with a volume of 1,698,379 shares trading hands.

The company’s 50 day moving average is GBX 10.32 and its 200 day moving average is GBX 8.60. The firm has a market capitalization of $33.61 million and a price-to-earnings ratio of -19.58.

Zanaga Iron Ore Company Profile (LON:ZIOC)

Zanaga Iron Ore Company Limited, an investment holding company, explores for and develops iron ore properties. Its flagship asset is the 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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