Zanaga Iron Ore (LON:ZIOC) Share Price Crosses Below 200 Day Moving Average of $7.54

Zanaga Iron Ore Company Limited (LON:ZIOCGet Free Report)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 7.54 ($0.10) and traded as low as GBX 6.21 ($0.08). Zanaga Iron Ore shares last traded at GBX 6.91 ($0.09), with a volume of 1,401,598 shares traded.

Zanaga Iron Ore Stock Performance

The company has a market cap of £46.70 million, a P/E ratio of -775.00 and a beta of 2.39. The business has a fifty day moving average price of GBX 7.50 and a 200-day moving average price of GBX 7.54. The company has a quick ratio of 2.83, a current ratio of 0.37 and a debt-to-equity ratio of 1.53.

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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