KEFI Gold and Copper (LON:KEFI) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

KEFI Gold and Copper Plc (LON:KEFI)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1.34 and traded as low as GBX 1.01. KEFI Gold and Copper shares last traded at GBX 1.01, with a volume of 37,249,320 shares traded.

KEFI Gold and Copper Price Performance

The company’s 50-day moving average price is GBX 1.12 and its 200-day moving average price is GBX 1.34. 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 firm has a market cap of £139.10 million, a price-to-earnings ratio of -9.18 and a beta of 1.76.

KEFI Gold and Copper (LON:KEFI) last announced its quarterly earnings data on Monday, June 8th. The company reported GBX (0.11) earnings per share for the quarter. On average, equities research analysts forecast that KEFI Gold and Copper Plc will post -10 EPS 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.