KEFI Minerals (LON:KEFI) Shares Pass Above 50-Day Moving Average of $1.08

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KEFI Minerals plc (LON:KEFI) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $1.08 and traded as high as $1.98. KEFI Minerals shares last traded at $1.62, with a volume of 124,484,125 shares trading hands.

The company’s 50-day moving average price is GBX 1.08 and its 200 day moving average price is GBX 1.20. The stock has a market cap of $16.20 million and a PE ratio of -2.31. The company has a debt-to-equity ratio of 8.42, a quick ratio of 0.08 and a current ratio of 0.08.

KEFI Minerals Company Profile (LON:KEFI)

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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