KEFI Gold and Copper (LON:KEFI) Shares Pass Below Two Hundred Day Moving Average – Here’s Why

KEFI Gold and Copper Plc (LON:KEFI)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 0.52 ($0.01) and traded as low as GBX 0.52 ($0.01). KEFI Gold and Copper shares last traded at GBX 0.52 ($0.01), with a volume of 9,890,057 shares traded.

KEFI Gold and Copper Stock Performance

The company has a market capitalization of £41.38 million, a P/E ratio of -6.43 and a beta of 1.53. The business has a 50 day moving average of GBX 0.57 and a 200 day moving average of GBX 0.52. The company has a quick ratio of 1.24, a current ratio of 0.18 and a debt-to-equity ratio of 12.45.

KEFI Gold and Copper (LON:KEFI) last posted its earnings results on Friday, June 6th. The company reported GBX (0.09) ($0.00) earnings per share for the quarter. On average, sell-side analysts predict that KEFI Gold and Copper Plc will post -10 earnings per share for the current year.

KEFI Gold and Copper Company Profile

KEFI Gold and Copper Plc engages in the exploration and development of gold and copper deposits in the Arabian-Nubian Shield. The company primarily focuses on developing the Tulu Kapi Gold Project located in Ethiopia. It also explores for precious and base metals, and other minerals. The company was formerly known as Kefi Minerals Plc and changed its name to KEFI Gold and Copper Plc in August 2020.