Zanaga Iron Ore (LON:ZIOC) Stock Passes Below Two Hundred Day Moving Average of $6.86

Zanaga Iron Ore Company Limited (LON:ZIOCGet Free Report)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 6.86 ($0.09) and traded as low as GBX 6.84 ($0.09). Zanaga Iron Ore shares last traded at GBX 7.15 ($0.09), with a volume of 105,406 shares traded.

Zanaga Iron Ore Stock Performance

The company has a market capitalization of £46.12 million, a P/E ratio of -775.00 and a beta of 2.37. The company has a debt-to-equity ratio of 1.53, a quick ratio of 2.83 and a current ratio of 0.37. The stock’s fifty day moving average price is GBX 8.29 and its 200-day moving average price is GBX 6.86.

Zanaga Iron Ore Company Profile

(Get Free Report)

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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