KEFI Gold and Copper (LON:KEFI) Trading Down 12% – What’s Next?

Shares of KEFI Gold and Copper Plc (LON:KEFIGet Free Report) fell 12% during mid-day trading on Monday . The company traded as low as GBX 0.62 and last traded at GBX 0.68. 442,727,219 shares were traded during mid-day trading, an increase of 342% from the average daily volume of 100,248,453 shares. The stock had previously closed at GBX 0.77.

KEFI Gold and Copper Price Performance

The stock has a market cap of £93.65 million, a PE ratio of -6.18 and a beta of 1.76. 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 1.05 and a two-hundred day moving average price of GBX 1.19.

About KEFI Gold and Copper

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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.

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