KEFI Gold and Copper (LON:KEFI) Trading Up 12.2% – Should You Buy?

KEFI Gold and Copper Plc (LON:KEFI)’s share price shot up 12.2% during mid-day trading on Thursday . The stock traded as high as GBX 1.68 and last traded at GBX 1.66. 298,838,125 shares were traded during mid-day trading, an increase of 163% from the average session volume of 113,810,586 shares. The stock had previously closed at GBX 1.48.

KEFI Gold and Copper Price Performance

The stock has a market capitalization of £156.82 million, a price-to-earnings ratio of -37.44 and a beta of 1.53. The company has a current ratio of 0.18, a quick ratio of 1.24 and a debt-to-equity ratio of 12.45. The company’s 50 day moving average is GBX 1.40 and its 200 day moving average is GBX 1.14.

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.