KEFI Gold and Copper (LON:KEFI) Shares Pass Below 200 Day Moving Average – Here’s What Happened

Shares of KEFI Gold and Copper Plc (LON:KEFIGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1.35 and traded as low as GBX 1.01. KEFI Gold and Copper shares last traded at GBX 1.02, with a volume of 31,426,840 shares.

KEFI Gold and Copper Price Performance

The firm has a 50-day moving average of GBX 1.15 and a 200 day moving average of GBX 1.35. The company has a market capitalization of £141.99 million, a PE ratio of -9.37 and a beta of 1.76. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.59 and a quick ratio of 1.24.

KEFI Gold and Copper (LON:KEFIGet Free Report) last issued its earnings results on Monday, June 8th. The company reported GBX (0.11) 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 fiscal year.

About KEFI Gold and Copper

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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. KEFI Gold and Copper Plc was incorporated in 2006 and is headquartered in Nicosia, Cyprus.

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