1. British Virgin Islands Stocks

  2. •

    Non-energy minerals

  3. •

    Steel
Zanaga Iron Ore Co. Ltd.

Zanaga Iron Ore Co. Ltd.

LLSE:ZIOC
3.23
GBX
+0.08
(+2.38%)
6.98BMarket Cap
Zanaga Iron Ore Co. Ltd.
LSE:ZIOC
(London Stock Exchange)

Recent

price

3.23

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
USD
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Revenue per Share
-0.05
-0.05
-0.02
-0.02
-0.6
-0.06
-0.01
-0.01
-0.01
-0.01
-0.01
-0.01
0.03
- -
- -
-0.01
- -
Basic EPS, GAAP
-0.01
-0.02
-0.02
-0.02
-0.01
-0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
-0.01
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.86
0.81
0.82
0.83
0.22
0.16
0.15
0.15
0.14
0.13
0.13
0.12
0.14
0.13
0.13
0.1
0.1
Book Value per Share
0.86
0.81
0.82
0.83
0.22
0.16
0.15
0.15
0.14
0.13
0.13
0.12
0.14
0.13
0.13
0.1
0.1
Tangible Book Value per Share
257
275
275
274
275
275
275
275
283
286
293
307
319
645
676
806
744
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
-14
-14
-6
-7
-165
-18
-3
-1
-2
-2
-2
-2
8
-3
-2
-7
- -
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
48
44
39
24
12
8
5
4
2
1
- -
- -
-1
- -
- -
1
1
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
241
227
228
232
62
46
43
41
39
38
38
38
85
86
86
87
87
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
13.12
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
13.12
- -
- -
- -
- -
Return on Capital (%)
-6.19
-6.14
-2.52
-2.93
-111.95
-32.6
-6.7
-3.32
-4.6
-4.85
-4.82
-5.04
13.17
-3.18
-2.66
-8.21
- -
Return on Common Equity (%)

Capital Structure

USD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
676
832
832
Market Capitalization
64
95
94

Working Capital

USD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
- -
4
2
Cash, Cash Equivalents & STI
- -
4
1
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
1
- -
1
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.86%
25.55%
1.14%
Free Cash Flow
197.77%
424.39%
367.36%
Net Income, GAAP
-56.77%
-92.63%
209.2%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

USD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Semi-annual Earnings Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
-0.01

Semi-annual Dividends Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -
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Business
Zanaga Iron Ore Company Limited functions as an investment holding entity primarily involved in the exploration and advancement of iron ore assets. Its principal holding is the Zanaga Iron Ore Project, wholly owned and situated in the southwest region of the Republic of Congo. The company is strategically focused on developing this world-class asset to produce high-grade direct reduced iron (DRI) pellet feed, addressing the increasing global demand for low-carbon steel production. Recent significant developments include securing $21.5 million in a private placement from experienced mining executives in March 2025, with potential to reach $23 million. This funding facilitated the repurchase of Glencore Projects Pty Limited's entire 43% stake in the company, thereby concluding their long-standing relationship, marketing rights, and board representation. The project recently confirmed its capability to yield high-grade DRI iron ore, enhancing its targeted economics with a post-tax net present value uplift to $5.21 billion and an internal rate of return of 26.7%, based on a 30-year mine life. The Zanaga Project holds a 2.1 billion tonne ore reserve within a 6.9 billion tonne mineral resource, boasting a 25-year mining license. The company continues to evaluate strategies for value enhancement, including a pellet plant and optimized infrastructure.