KEFI Gold and Copper (LON:KEFI) Shares Up 5.9% – Still a Buy?

Shares of KEFI Gold and Copper Plc (LON:KEFI) shot up 5.9% during trading on Monday . The stock traded as high as GBX 0.84 ($0.01) and last traded at GBX 0.79 ($0.01). 228,671,734 shares were traded during mid-day trading, an increase of 388% from the average session volume of 46,854,133 shares. The stock had previously closed at GBX 0.75 ($0.01).

KEFI Gold and Copper Trading Up 5.9%

The stock’s 50 day simple moving average is GBX 0.57 and its two-hundred day simple moving average is GBX 0.55. The stock has a market capitalization of £74.34 million, a PE ratio of -892.13 and a beta of 1.53. The company has a debt-to-equity ratio of 12.45, a current ratio of 0.18 and a quick ratio of 1.24.

KEFI Gold and Copper (LON:KEFI) last posted its quarterly earnings results on Friday, June 6th. The company reported GBX (0.09) EPS for the quarter. On average, sell-side analysts expect that KEFI Gold and Copper Plc will post -10 EPS 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.