KEFI Gold and Copper (LON:KEFI) Stock Price Crosses Below 200-Day Moving Average – Here’s Why

KEFI Gold and Copper Plc (LON:KEFI)’s share price 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.

KEFI Gold and Copper Trading Up 0.4%

The stock has a 50-day moving average of GBX 1.15 and a 200 day moving average of GBX 1.35. The company has a quick ratio of 1.24, a current ratio of 1.59 and a debt-to-equity ratio of 0.32. The stock has a market cap of £140.47 million, a PE ratio of -9.27 and a beta of 1.76.

KEFI Gold and Copper (LON:KEFI) last posted its quarterly earnings results on Monday, June 8th. The company reported GBX (0.11) earnings per share (EPS) for the quarter. As a group, sell-side analysts anticipate that KEFI Gold and Copper Plc will post -10 earnings per share for the current year.

KEFI Gold and Copper Company Profile

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.