Zanaga Iron Ore Company Limited (LON:ZIOC – Get Free Report) shares fell 12.7% on Friday . The company traded as low as GBX 6.95 ($0.09) and last traded at GBX 7.56 ($0.09). 1,693,852 shares were traded during trading, a decline of 6% from the average session volume of 1,801,407 shares. The stock had previously closed at GBX 8.66 ($0.11).
Zanaga Iron Ore Stock Down 4.4 %
The firm has a market capitalization of £55.56 million, a PE ratio of -775.00 and a beta of 2.44. The company has a debt-to-equity ratio of 1.00, a quick ratio of 2.83 and a current ratio of 0.08. The business’s 50 day moving average price is GBX 7.44 and its 200-day moving average price is GBX 5.81.
About Zanaga Iron Ore
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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