KEFI Minerals plc (LON:KEFI) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.42 and traded as low as $1.03. KEFI Minerals shares last traded at $1.09, with a volume of 32,412,705 shares traded.
The business’s fifty day moving average is GBX 1.12 and its 200-day moving average is GBX 1.42. The company has a debt-to-equity ratio of 6.32, a current ratio of 0.08 and a quick ratio of 0.08. The firm has a market cap of $7.88 million and a PE ratio of -1.11.
In related news, insider Harry Anagnastoras-Adams acquired 1,431,939 shares of the firm’s stock in a transaction that occurred on Monday, July 1st. The stock was acquired at an average price of GBX 1 ($0.01) per share, for a total transaction of £14,319.39 ($18,710.82).
KEFI Minerals Plc engages in exploration and development of mineral deposits in Saudi Arabia and Ethiopia. It explores for gold, copper, and precious and base metals. The company holds 95% interest in Tulu Kapi Gold Project situated in Ethiopia with a probable ore reserve of 1.0 million ounces and mineral resources totaling 1.7 million ounces; and 40% interest in Jibal Qutman project located in Saudi Arabia with mineral resources totaling 0.7 million ounces.
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