KEFI Gold and Copper (LON:KEFI) Share Price Passes Above 50 Day Moving Average - Here's What Happened

Key Points

• KEFI shares passed above their 50‑day moving average, trading as high as GBX 1.57 versus the 50‑day MA of GBX 1.52; the stock last traded at GBX 1.38 on volume of 101,727,047 shares.
• The stock's technical profile shows a 200‑day MA of GBX 1.45, a market capitalization of £161.03 million, a negative P/E of -36.41 and a beta of 1.71.
• KEFI Gold and Copper focuses on exploration and development in the Arabian‑Nubian Shield, primarily advancing the Tulu Kapi Gold Project in Ethiopia.

KEFI Gold and Copper Plc (LON:KEFI - ) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 1.52 and traded as high as GBX 1.57. KEFI Gold and Copper shares last traded at GBX 1.38, with a volume of 101,727,047 shares traded.

KEFI Gold and Copper Stock Performance

The stock has a 50-day moving average of GBX 1.52 and a 200 day moving average of GBX 1.45. The firm has a market capitalization of £161.03 million, a P/E ratio of -36.41 and a beta of 1.71.

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.

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