Zanaga Iron Ore (LON:ZIOC) Shares Cross Below 200 Day Moving Average of $6.73

Shares of Zanaga Iron Ore Co Ltd (LON:ZIOC) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $6.73 and traded as low as $6.20. Zanaga Iron Ore shares last traded at $6.29, with a volume of 261,582 shares changing hands.

The stock has a 50 day moving average of GBX 6.50 and a two-hundred day moving average of GBX 6.73. The firm has a market capitalization of $18.43 million and a P/E ratio of -8.99.

About Zanaga Iron Ore (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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