KEFI Gold and Copper (LON:KEFI) Shares Down 10.1% – Here’s Why

Shares of KEFI Gold and Copper Plc (LON:KEFI) traded down 10.1% during trading on Thursday . The company traded as low as GBX 1.78 and last traded at GBX 1.78. 132,022,984 shares traded hands during trading, an increase of 8% from the average session volume of 122,777,852 shares. The stock had previously closed at GBX 1.98.

KEFI Gold and Copper Stock Performance

The company has a market cap of £191.19 million, a PE ratio of -45.64 and a beta of 1.53. The company’s fifty day moving average price is GBX 1.44 and its 200 day moving average price is GBX 1.24. The company has a debt-to-equity ratio of 12.45, a current ratio of 0.18 and a quick ratio of 1.24.

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.