Zanaga Iron Ore Co. Ltd (DI) (ZIOC)

Sector:

Mining

Index:

FTSE AIM All-Share

6.80p
   
  • Change Today:
    -0.060p
  • 52 Week High: 11.03p
  • 52 Week Low: 3.75p
  • Currency: UK Pounds
  • Shares Issued: 832.38m
  • Volume: 462,599
  • Market Cap: £56.60m
  • Beta: 0.00

Zanaga share prices flounder after second update deadline missed

By Duncan Ferris

Date: Thursday 01 Mar 2018

LONDON (ShareCast) - (ShareCast News) - Zanaga Iron Ore Company delayed the announcement of its project update on Thursday, causing a drop in share prices of over 10%.
The update on the Zanaga Iron Ore project, which is one of the largest iron ore deposits in Africa and "has the potential to become a world-class iron ore producer," according to a company statement, will not be released until product test work is completed in Q2 2018.

This is the second delay in the project update after the company also failed to release information on 29 December, targeting mid-February for the revised deadline.

The Zanaga Iron Ore Company holds a 50% less one share interest in the project which is located in the Republic of Congo, while Glencore holds the remaining interest and has effective management control of the project.

The project is intended to become a large scale iron ore mining, processing and infrastructure operation which will produce 30Mtpa concentrate over a 30-year period, according to the Zanaga Iron Ore Company.

As of 1610 GMT, Zanaga Iron Ore Company's shares were down 12.42% at 12.37p

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

ZIOC Market Data

Currency UK Pounds
Share Price 6.80p
Change Today -0.060p
% Change -0.87 %
52 Week High 11.03p
52 Week Low 3.75p
Volume 462,599
Shares Issued 832.38m
Market Cap £56.60m
Beta 0.00

ZIOC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
20.00% above the market average20.00% above the market average20.00% above the market average20.00% above the market average20.00% above the market average
11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average
Price Trend
44.91% above the market average44.91% above the market average44.91% above the market average44.91% above the market average44.91% above the market average
68.42% above the sector average68.42% above the sector average68.42% above the sector average68.42% above the sector average68.42% above the sector average
Income Not Available
Growth Not Available

ZIOC Dividends

No dividends found

Trades for 16-Sep-2025

Time Volume / Share Price
11:34 50,000 @ 6.80p
11:31 45,427 @ 6.85p
10:13 100,000 @ 6.97p
09:37 125,000 @ 7.08p
10:36 73,205 @ 6.83p

ZIOC Key Personnel

CEO Martin Knauth

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