KEFI Gold and Copper (LON:KEFI) Reaches New 52-Week Low – Time to Sell?

KEFI Gold and Copper Plc (LON:KEFI) shares hit a new 52-week low during trading on Thursday. The company traded as low as GBX 0.56 and last traded at GBX 0.58, with a volume of 38,846,305 shares. The stock had previously closed at GBX 0.59.

KEFI Gold and Copper Price Performance

The stock has a market capitalization of £80.29 million, a P/E ratio of -5.30 and a beta of 1.76. The business has a fifty day simple moving average of GBX 0.69 and a 200 day simple moving average of GBX 1.15. The company has a current ratio of 3.71, a quick ratio of 1.24 and a debt-to-equity ratio of 0.11.

KEFI Gold and Copper (LON:KEFI) last issued its quarterly earnings data on Tuesday, September 29th. The company reported GBX (0.04) earnings per share for the quarter. On average, analysts expect that KEFI Gold and Copper Plc will post -10.00 earnings per share for the current year.

About KEFI Gold and Copper

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.