Zanaga Iron Ore (LON:ZIOC) Sets New 52-Week Low – What’s Next?

Zanaga Iron Ore Company Limited (LON:ZIOCGet Free Report)’s stock price hit a new 52-week low on Thursday . The stock traded as low as GBX 3.75 ($0.05) and last traded at GBX 3.86 ($0.05), with a volume of 585655 shares changing hands. The stock had previously closed at GBX 4.11 ($0.05).

Zanaga Iron Ore Trading Down 1.1 %

The stock’s 50-day simple moving average is GBX 4.83 and its two-hundred day simple moving average is GBX 5.71. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.08 and a quick ratio of 2.83. The firm has a market capitalization of £24.89 million, a P/E ratio of -775.00 and a beta of 2.44.

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.

Featured Stories

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.