Zanaga Iron Ore Company Limited (LON:ZIOC – Get Free Report) passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of GBX 4.35 and traded as low as GBX 3.50. Zanaga Iron Ore shares last traded at GBX 3.60, with a volume of 229,525 shares trading hands.
Zanaga Iron Ore Trading Up 0.6%
The company has a current ratio of 8.62, a quick ratio of 2.83 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of £32.90 million, a price-to-earnings ratio of -3.69 and a beta of 1.86. The company has a fifty day moving average price of GBX 3.56 and a 200-day moving average price of GBX 4.33.
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. Zanaga Iron Ore Company Limited was incorporated in 2009 and is based in Road Town, the British Virgin Islands.
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