KEFI Gold and Copper (LON:KEFI) Stock Price Up 5.9% - Here's What Happened

Key Points

• KEFI Gold and Copper Plc shares increased by 5.9%, reaching a high of GBX 0.84, with over 228 million shares traded, marking a 388% surge in volume.
• The company reported a quarter EPS of GBX (0.09) and analysts predict a loss of -10 EPS for the current fiscal year.
• KEFI Gold and Copper focuses on exploration and development of gold and copper deposits, particularly the Tulu Kapi Gold Project in Ethiopia.

KEFI Gold and Copper Plc (LON:KEFI - Get Free Report) shares shot up 5.9% 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 changed 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 Trading Up 5.9%

The company has a debt-to-equity ratio of 12.45, a current ratio of 0.18 and a quick ratio of 1.24. The firm's fifty day moving average is GBX 0.57 and its two-hundred day moving average is GBX 0.55. The firm has a market capitalization of £74.34 million, a PE ratio of -892.13 and a beta of 1.53.

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

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