Zanaga Iron Ore Company Limited (LON:ZIOC – Get Free Report)’s stock price shot up 13.6% during trading on Monday . The company traded as high as GBX 8.10 and last traded at GBX 8.10. 704,026 shares traded hands during mid-day trading, a decline of 27% from the average session volume of 964,416 shares. The stock had previously closed at GBX 7.13.
Zanaga Iron Ore Stock Performance
The stock’s 50-day moving average is GBX 7.63 and its 200 day moving average is GBX 7.73. The stock has a market cap of £78.08 million, a price-to-earnings ratio of -13.40 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.
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.
Further Reading
- Five stocks we like better than Zanaga Iron Ore
- Unveiling The Power Of VWAP: A Key Indicator For Traders
- What’s on the Thanksgiving Table? A Stock Pick for Every Course
- The Significance of Brokerage Rankings in Stock Selection
- Why Home Depot’s Pain Could Be a Long-Term Investor’s Gain
- 3 Healthcare Dividend Stocks to Buy
- Qualcomm’s Bulls Are Running Out of Room to Be Wrong
Receive News & Ratings for Zanaga Iron Ore Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zanaga Iron Ore and related companies with MarketBeat.com's FREE daily email newsletter.
