8th Mar 2016 14:40
LONDON (Alliance News) - Zanaga Iron Ore Co Ltd Tuesday said it is not aware of any reason for the recent surge in the company's share price.
Zanaga shares were trading up 51% to 3.20 pence per share on Tuesday, after reaching an earlier high of 4.75p. This was still short of its 52-week high of 5.50p, however.
The company said it does not know of any reason for the movement other than the recent increase in iron ore prices.
By Joshua Warner; [email protected]; @JoshAlliance
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