KEFI Gold and Copper (LON:KEFI) Stock Crosses Below 200 Day Moving Average – What’s Next?

KEFI Gold and Copper Plc (LON:KEFI) shares crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of GBX 1.07 and traded as low as GBX 0.69. KEFI Gold and Copper shares last traded at GBX 0.70, with a volume of 26,290,250 shares traded.

KEFI Gold and Copper Stock Performance

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 firm’s 50 day simple moving average is GBX 0.87 and its 200 day simple moving average is GBX 1.07. The firm has a market capitalization of £91.58 million, a price-to-earnings ratio of -6.05 and a beta of 1.76.

KEFI Gold and Copper (LON:KEFI) last released its quarterly earnings data on Tuesday, September 29th. The company reported GBX (0.04) EPS for the quarter. Sell-side analysts forecast that KEFI Gold and Copper Plc will post -10.00 earnings per share for the current fiscal 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.