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

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 rose 5.9% during mid-day trading on Monday . The stock traded as high as GBX 0.84 ($0.01) and last traded at GBX 0.79 ($0.01). Approximately 228,671,734 shares were traded 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 Price Performance

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 has a market cap of £71.90 million, a price-to-earnings ratio of -862.92 and a beta of 1.53. The business has a fifty 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 released its earnings results on Friday, June 6th. The company reported GBX (0.09) earnings per share (EPS) for the quarter. As a group, research analysts anticipate that KEFI Gold and Copper Plc will post -10 earnings per share for the current 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.