KEFI Gold and Copper (LON:KEFI) Shares Cross Below 200-Day Moving Average – Should You Sell?

KEFI Gold and Copper Plc (LON:KEFI) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 changing hands.

KEFI Gold and Copper Stock Performance

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

KEFI Gold and Copper (LON:KEFI) last posted its quarterly earnings data on Monday, June 8th. The company reported GBX (0.11) earnings per share for the quarter. As a group, sell-side analysts forecast that KEFI Gold and Copper Plc will post -10 EPS for the current fiscal 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. KEFI Gold and Copper Plc was incorporated in 2006 and is headquartered in Nicosia, Cyprus.