KEFI Gold and Copper (LON:KEFI) Trading Up 5.9% - Should You Buy?

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)'s stock price rose 5.9% during trading on Monday . The company traded as high as GBX 0.84 ($0.01) and last traded at GBX 0.79 ($0.01). Approximately 228,671,734 shares changed hands during mid-day trading, an increase of 388% from the average daily volume of 46,854,133 shares. The stock had previously closed at GBX 0.75 ($0.01).

KEFI Gold and Copper Stock Up 5.9%

The company has a market cap of £70.22 million, a P/E ratio of -842.70 and a beta of 1.53. The company has a quick ratio of 1.24, a current ratio of 0.18 and a debt-to-equity ratio of 12.45. The business's 50 day moving average is GBX 0.57 and its 200 day moving average is GBX 0.55.

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