KEFI Gold and Copper (LON:KEFI) Stock Price Breaks Below Two Hundred Day Moving Average – What’s Next?

KEFI Gold and Copper Plc (LON:KEFI) shares crossed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of GBX 1.10 and traded as low as GBX 0.61. KEFI Gold and Copper shares last traded at GBX 0.61, with a volume of 57,539,742 shares trading hands.

KEFI Gold and Copper Price Performance

The stock has a market capitalization of £84.42 million, a PE ratio of -5.57 and a beta of 1.76. The company has a debt-to-equity ratio of 0.11, a current ratio of 3.71 and a quick ratio of 1.24. The stock’s fifty day moving average is GBX 0.95 and its 200-day moving average is GBX 1.10.

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. As a group, equities analysts predict that KEFI Gold and Copper Plc will post -10 earnings per share for the current fiscal 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.