Zanaga Iron Ore Co (LSE:ZIOC) 3-1 Month Momentum %: 6.71% (As of Aug. 23, 2026)

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What is Zanaga Iron Ore Co 3-1 Month Momentum %?

Zanaga Iron Ore Co LSE:ZIOC -3.03% 3-1 Month Momentum % is 6.71% as of Aug. 23, 2026. The stock has 1 warning sign investors should review. Among 630 Steel companies, Zanaga Iron Ore Co ranks better than 80.48% on this metric.

3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-08-23), Zanaga Iron Ore Co's 3-1 Month Momentum % is 6.71%.

The industry rank for Zanaga Iron Ore Co's 3-1 Month Momentum % or its related term are showing as below:

LSE:ZIOC's 3-1 Month Momentum % is ranked better than
80.48% of 630 companies
in the Steel industry
Industry Median: -4.385 vs LSE:ZIOC: 6.71

Zanaga Iron Ore Co  (LSE:ZIOC) 3-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 3-1 Month Momentum % measures the total return to a stock over the past three months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

Zanaga Iron Ore Co 3-1 Month Momentum % Related Terms

LSE:ZIOC vs NUE, STLD, RS: 3-1 Month Momentum % Comparison

For the Steel subindustry, Zanaga Iron Ore Co's 3-1 Month Momentum %, along with its competitors' market caps and 3-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Zanaga Iron Ore Co 3-1 Month Momentum % vs Steel Industry

For the Steel industry and Basic Materials sector, Zanaga Iron Ore Co's 3-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Zanaga Iron Ore Co's 3-1 Month Momentum % falls into.


Zanaga Iron Ore Co  (LSE:ZIOC) 3-1 Month Momentum % Calculation

3-1 Month Momentum % is calculated as following:

3-1 Month Momentum %=( Price 1-month ago / Price 3-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about 3-1 Month Momentum % →
What does a 3-1 Month Momentum % of 6.71% mean?
Zanaga Iron Ore Co (LSE:ZIOC) has a 3-1 Month Momentum % of 6.71% as of Aug. 23, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Zanaga Iron Ore Co and its competitors. According to the industry distribution chart, Zanaga Iron Ore Co ranks #123 out of 630 companies in the Steel industry, placing it in the top 19.5%.
Is Zanaga Iron Ore Co's 3-1 Month Momentum % too high?
Zanaga Iron Ore Co's current 3-1 Month Momentum % is 6.71%. Based on the distribution chart, Zanaga Iron Ore Co ranks #123 out of 630 companies in the Steel industry, which is in the top quartile — a strong position relative to peers.
How does Zanaga Iron Ore Co's 3-1 Month Momentum % compare to NUE and STLD?
According to the Steel industry distribution chart, Zanaga Iron Ore Co ranks #123 out of 630 companies for 3-1 Month Momentum %. This places Zanaga Iron Ore Co in the top 20% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-1 Month Momentum % for a Steel company?
A good 3-1 Month Momentum % depends on the Steel industry context. However, 3-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-1 Month Momentum % mean?
A high 3-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Zanaga Iron Ore Co and its competitors. Zanaga Iron Ore Co's current 3-1 Month Momentum % is 6.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zanaga Iron Ore Co stock overvalued right now?
Zanaga Iron Ore Co (LSE:ZIOC) has a current 3-1 Month Momentum % of 6.71%. The current 3-1 Month Momentum % is 6.71%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-1 Month Momentum % calculated?
3-1 Month Momentum % is calculated from a company's financial statements. For Zanaga Iron Ore Co (LSE:ZIOC), the current 3-1 Month Momentum % is 6.71% as of Aug. 23, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Zanaga Iron Ore Co Business Description

Other Exchanges ZIOCl:UK
Address Wickhams Cay II, Coastal Building, P.O. Box 2221, 2nd Floor, Tortola, Road Town, VGB
Zanaga Iron Ore Co Ltd is an iron ore exploration and development company. The company holds an interest in the Zanaga Iron Ore Project located in the Republic of Congo which is also known as Congo-Brazzaville. Its long-term objective is to maximize the value of its sole asset and the Project is currently focused on managing, developing, and constructing a world-class iron ore asset capable of mining, processing, transporting, and exporting iron ore at full production. The Group has one operating segment, being its investment in the Project, held through Jumelles.