Zanaga Iron Ore Company Limited (LON:ZIOC - Get Free Report)'s stock price dropped 13.7% during trading on Monday . The stock traded as low as GBX 7.75 ($0.10) and last traded at GBX 8.67 ($0.11). Approximately 3,024,514 shares were traded during mid-day trading, an increase of 93% from the average daily volume of 1,568,800 shares. The stock had previously closed at GBX 10.05 ($0.13).
Zanaga Iron Ore Stock Performance
The stock has a market cap of £73.05 million, a P/E ratio of -20,324.22 and a beta of 2.44. The company has a current ratio of 0.08, a quick ratio of 2.83 and a debt-to-equity ratio of 1.00. The company's 50-day simple moving average is GBX 8.36 and its 200 day simple moving average is GBX 6.21.
Zanaga Iron Ore Company Profile
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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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