Zanaga Iron Ore (LON:ZIOC) Stock Price Crosses Below Two Hundred Day Moving Average of $6.81

Zanaga Iron Ore Company Limited (LON:ZIOC) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 6.81 ($0.09) and traded as low as GBX 4.04 ($0.05). Zanaga Iron Ore shares last traded at GBX 4.37 ($0.06), with a volume of 282,018 shares changing hands.

The firm has a fifty day simple moving average of GBX 5.09 and a 200-day simple moving average of GBX 6.81. The firm has a market cap of £13.42 million and a price-to-earnings ratio of -8.74.

Zanaga Iron Ore Company Profile (LON:ZIOC)

Zanaga Iron Ore Company Limited, an investment holding company, engages in the exploration and development of iron ore properties. Its flagship asset is the 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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