Zanaga Iron Ore Company Limited (LON:ZIOC - Get Free Report)'s share price rose 17.7% during mid-day trading on Friday . The company traded as high as GBX 9.50 ($0.12) and last traded at GBX 9.25 ($0.11). Approximately 6,529,509 shares changed hands during trading, an increase of 47% from the average daily volume of 4,442,708 shares. The stock had previously closed at GBX 7.86 ($0.10).
Zanaga Iron Ore Trading Up 11.7 %
The firm has a market capitalization of £58.91 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 current ratio of 0.08 and a quick ratio of 2.83. The firm's fifty day moving average is GBX 5.32 and its two-hundred day moving average is GBX 5.37.
About Zanaga Iron Ore
(
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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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