Zanaga Iron Ore Company Limited (LON:ZIOC – Get Free Report) shares traded up 17.7% during mid-day trading on Friday . The stock traded as high as GBX 9.50 ($0.12) and last traded at GBX 9.25 ($0.11). 6,529,509 shares were traded during trading, an increase of 47% from the average session volume of 4,442,708 shares. The stock had previously closed at GBX 7.86 ($0.10).
Zanaga Iron Ore Stock Up 11.7 %
The company has a market cap of £58.91 million, a price-to-earnings ratio of -775.00 and a beta of 2.44. The stock has a 50-day simple moving average of GBX 5.23 and a 200-day simple moving average of GBX 5.36. The company has a current ratio of 0.08, a quick ratio of 2.83 and a debt-to-equity ratio of 1.00.
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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