KEFI Gold and Copper (LON:KEFI) Hits New 12-Month Low – Here’s What Happened

KEFI Gold and Copper Plc (LON:KEFI) reached a new 52-week low during mid-day trading on Friday. The stock traded as low as GBX 0.57 and last traded at GBX 0.62, with a volume of 56,375,086 shares traded. The stock had previously closed at GBX 0.65.

KEFI Gold and Copper Trading Down 4.5%

The firm has a fifty day moving average of GBX 0.73 and a 200-day moving average of GBX 1.16. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.24 and a current ratio of 3.71. The stock has a market capitalization of £84.84 million, a price-to-earnings ratio of -5.60 and a beta of 1.76.

KEFI Gold and Copper (LON:KEFI) last released its quarterly earnings results on Tuesday, September 29th. The company reported GBX (0.04) earnings per share (EPS) for the quarter. As a group, equities analysts predict that KEFI Gold and Copper Plc will post -10.00 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.