Zanaga Iron Ore Company Limited (LON:ZIOC – Get Free Report)’s share price shot up 17.1% during trading on Friday . The stock traded as high as GBX 9.88 ($0.13) and last traded at GBX 9.88 ($0.13). 865,448 shares changed hands during trading, a decline of 22% from the average session volume of 1,106,789 shares. The stock had previously closed at GBX 8.44 ($0.11).
Zanaga Iron Ore Price Performance
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 has a market cap of £74.41 million, a price-to-earnings ratio of -20,704.09 and a beta of 2.44. The business’s 50-day moving average price is GBX 7.78 and its two-hundred day moving average price is GBX 7.68.
Zanaga Iron Ore Company Profile
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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