Zanaga Iron Ore Company Limited (LON:ZIOC – Get Free Report) rose 11.5% during trading on Monday . The company traded as high as GBX 9.50 ($0.12) and last traded at GBX 9.14 ($0.11). Approximately 742,984 shares changed hands during trading, a decline of 61% from the average daily volume of 1,921,543 shares. The stock had previously closed at GBX 8.20 ($0.10).
Zanaga Iron Ore Stock Performance
The stock has a market cap of £61.06 million, a P/E ratio of -775.00 and a beta of 2.44. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.08 and a quick ratio of 2.83. The company has a fifty day moving average of GBX 7.25 and a 200 day moving average of GBX 5.77.
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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