Zanaga Iron Ore Company Limited (LON:ZIOC – Get Free Report) rose 7.4% during trading on Thursday . The company traded as high as GBX 5.34 ($0.07) and last traded at GBX 5.34 ($0.07). Approximately 726,656 shares changed hands during trading, a decline of 15% from the average daily volume of 851,027 shares. The stock had previously closed at GBX 4.98 ($0.06).
Zanaga Iron Ore Stock Performance
The firm has a market capitalization of £34.46 million, a price-to-earnings ratio of -775.00 and a beta of 2.37. The company has a debt-to-equity ratio of 1.53, a quick ratio of 2.83 and a current ratio of 0.37. The stock’s fifty day moving average is GBX 6.24 and its two-hundred day moving average is GBX 7.11.
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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