Zanaga Iron Ore Company Limited (LON:ZIOC – Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 7.64 ($0.10) and traded as low as GBX 7.56 ($0.09). Zanaga Iron Ore shares last traded at GBX 7.56 ($0.09), with a volume of 156,666 shares trading hands.
Zanaga Iron Ore Trading Up 1.5 %
The firm has a market capitalization of £48.76 million, a price-to-earnings ratio of -775.00 and a beta of 2.39. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.37 and a quick ratio of 2.83. The firm’s 50-day simple moving average is GBX 7.53 and its 200 day simple moving average is GBX 7.64.
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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