Zanaga Iron Ore (LON:ZIOC) Hits New 1-Year Low – Here’s What Happened

Shares of Zanaga Iron Ore Company Limited (LON:ZIOC) reached a new 52-week low during trading on Friday . The stock traded as low as GBX 3.51 ($0.04) and last traded at GBX 3.51 ($0.04), with a volume of 108641 shares traded. The stock had previously closed at GBX 3.84 ($0.05).

Zanaga Iron Ore Price Performance

The company has a market capitalization of £26.84 million, a price-to-earnings ratio of -775.00 and a beta of 2.44. The company has a fifty day simple moving average of GBX 4.46 and a two-hundred day simple moving average of GBX 5.46. The company has a debt-to-equity ratio of 1.00, a quick ratio of 2.83 and a current ratio of 0.08.

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.