Free Trial

KEFI Gold and Copper (LON:KEFI) Shares Up 6.7% - What's Next?

KEFI Gold and Copper logo with Basic Materials background

Key Points

  • KEFI Gold and Copper Plc shares increased by 6.7%, reaching a last trading price of GBX 0.80 ($0.01), with trading volume surging 382% above the average.
  • The company's current market capitalization stands at £74.90 million, reflecting a negative PE ratio of -898.88.
  • KEFI Gold and Copper focuses primarily on the development of the Tulu Kapi Gold Project in Ethiopia, as well as exploring other mineral deposits in the Arabian-Nubian Shield.
  • MarketBeat previews top five stocks to own in October.

Shares of KEFI Gold and Copper Plc (LON:KEFI - Get Free Report) were up 6.7% during trading on Monday . The stock traded as high as GBX 0.84 ($0.01) and last traded at GBX 0.80 ($0.01). Approximately 225,981,250 shares traded hands during trading, an increase of 382% from the average daily volume of 46,838,117 shares. The stock had previously closed at GBX 0.75 ($0.01).

KEFI Gold and Copper Trading Up 6.7%

The stock has a market cap of £74.90 million, a PE ratio of -898.88 and a beta of 1.53. The company has a debt-to-equity ratio of 12.45, a quick ratio of 1.24 and a current ratio of 0.18. The company's 50-day moving average price is GBX 0.56 and its 200 day moving average price is GBX 0.55.

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

About KEFI Gold and Copper

(Get Free Report)

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.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in KEFI Gold and Copper Right Now?

Before you consider KEFI Gold and Copper, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and KEFI Gold and Copper wasn't on the list.

While KEFI Gold and Copper currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Markets Are Sliding: Where to Find Opportunity
5 Hot Stocks to Buy Now: September’s Top Picks With Major Momentum
$15 Billion for Cybersecurity: The Government’s Next Big Push

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines