KEFI Gold and Copper (LON:KEFI) Trading Up 5.9% - What's Next?

Key Points

• KEFI Gold and Copper shares increased by 5.9%, trading as high as GBX 0.84 during mid-day, with a total volume increase of 388% from the average session.
• The company's current ratios indicate financial instability, with a current ratio of 0.18 and a debt-to-equity ratio of 12.45.
• KEFI Gold and Copper reported an earnings per share (EPS) of GBX (0.09) for the previous quarter and is expected to post -10 EPS for the current year.

KEFI Gold and Copper Plc (LON:KEFI - Get Free Report) shares traded up 5.9% during mid-day trading on Monday . The company traded as high as GBX 0.84 ($0.01) and last traded at GBX 0.79 ($0.01). 228,671,734 shares traded hands during trading, an increase of 388% from the average session volume of 46,854,133 shares. The stock had previously closed at GBX 0.75 ($0.01).

KEFI Gold and Copper Stock Down 0.3%

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 stock has a market capitalization of £71.90 million, a PE ratio of -862.92 and a beta of 1.53. The stock's fifty day simple moving average is GBX 0.58 and its 200-day simple moving average is GBX 0.56.

KEFI Gold and Copper (LON:KEFI - Get Free Report) last issued its quarterly earnings results on Friday, June 6th. The company reported GBX (0.09) earnings per share for the quarter. As a group, sell-side analysts forecast that KEFI Gold and Copper Plc will post -10 EPS 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.