KEFI Gold and Copper (LON:KEFI) Trading Up 10.9% – Here’s What Happened

KEFI Gold and Copper Plc (LON:KEFI)’s stock price shot up 10.9% during mid-day trading on Tuesday . The company traded as high as GBX 1.07 ($0.01) and last traded at GBX 1.07 ($0.01). 86,194,586 shares were traded during trading, an increase of 63% from the average session volume of 52,949,563 shares. The stock had previously closed at GBX 0.96 ($0.01).

KEFI Gold and Copper Stock Performance

The firm’s fifty day moving average is GBX 0.73 and its 200-day moving average is GBX 0.61. The company has a current ratio of 0.18, a quick ratio of 1.24 and a debt-to-equity ratio of 12.45. The stock has a market capitalization of £126.11 million, a PE ratio of -1,513.48 and a beta of 1.53.

KEFI Gold and Copper (LON:KEFI) last announced its earnings results on Tuesday, September 30th. The company reported GBX (0.05) earnings per share for the quarter. As a group, research analysts anticipate that KEFI Gold and Copper Plc will post -10 earnings per share for the current year.

About KEFI Gold and Copper

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.