KEFI Gold and Copper (LON:KEFI) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why

KEFI Gold and Copper Plc (LON:KEFI) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1.40 and traded as low as GBX 1.12. KEFI Gold and Copper shares last traded at GBX 1.14, with a volume of 79,921,133 shares traded.

KEFI Gold and Copper Trading Up 3.3%

The firm has a 50-day moving average price of GBX 1.27 and a 200-day moving average price of GBX 1.40. 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 stock has a market cap of £156.31 million, a PE ratio of -29.13 and a beta of 2.73.

KEFI Gold and Copper (LON:KEFI) last released its quarterly earnings data on Monday, June 8th. The company reported GBX (0.11) EPS for the quarter. As a group, equities analysts anticipate 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.