Zanaga Iron Ore Company Limited (LON:ZIOC – Get Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 4.33 ($0.06) and last traded at GBX 4.48 ($0.06), with a volume of 262520 shares changing hands. The stock had previously closed at GBX 4.35 ($0.06).
Zanaga Iron Ore Trading Up 3.2 %
The company has a quick ratio of 2.83, a current ratio of 0.08 and a debt-to-equity ratio of 1.00. The firm has a market capitalization of £31.54 million, a PE ratio of -775.00 and a beta of 2.44. The stock’s fifty day simple moving average is GBX 5.25 and its 200 day simple moving average is GBX 6.09.
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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