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

Key Points

• KEFI Gold and Copper shares surged 5.9% on Monday, reaching a trading high of GBX 0.84 ($0.01) and a close at GBX 0.79 ($0.01).
• The company has a significant debt-to-equity ratio of 12.45 and reported a quarterly EPS loss of GBX (0.09) with forecasts of -10 EPS for the current year.
• KEFI focuses on developing gold and copper deposits, primarily through its Tulu Kapi Gold Project located in Ethiopia.

KEFI Gold and Copper Plc (LON:KEFI - Get Free Report) shares were up 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 traded 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 Down 0.3%

The company has a market capitalization of £71.90 million, a P/E ratio of -862.92 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 stock has a 50 day moving average price of GBX 0.58 and a 200 day moving average price of GBX 0.56.

KEFI Gold and Copper (LON:KEFI - Get Free Report) last announced its quarterly earnings results on Friday, June 6th. The company reported GBX (0.09) EPS for the quarter. On average, research analysts anticipate that KEFI Gold and Copper Plc will post -10 earnings per share for the current fiscal year.

About KEFI Gold and Copper

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.