KEFI Gold and Copper (LON:KEFI) Share Price Passes Above 200 Day Moving Average – Time to Sell?

Shares of KEFI Gold and Copper Plc (LON:KEFIGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.53 ($0.01) and traded as high as GBX 0.68 ($0.01). KEFI Gold and Copper shares last traded at GBX 0.63 ($0.01), with a volume of 44,193,105 shares traded.

KEFI Gold and Copper Price Performance

The business has a fifty day simple moving average of GBX 0.53 and a two-hundred day simple moving average of GBX 0.53. The company has a current ratio of 0.18, a quick ratio of 1.24 and a debt-to-equity ratio of 12.45. The stock has a market cap of £50.33 million, a PE ratio of -7.82 and a beta of 1.53.

KEFI Gold and Copper Company Profile

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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.

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