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

Key Points

• KEFI Gold and Copper's stock price increased by 5.9% on Tuesday, closing at GBX 0.79 ($0.01) after hitting a peak of GBX 0.84 ($0.01).
• Approximately 228.7 million shares were traded, marking a 388% increase in trading volume compared to the average daily volume of 46.9 million shares.
• The company has a current debt-to-equity ratio of 12.45 and reported a loss with earnings per share of GBX (0.09) for the last quarter.

KEFI Gold and Copper Plc (LON:KEFI - Get Free Report)'s share price traded up 5.9% during mid-day trading on Tuesday . 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 Down 0.3%

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 firm has a fifty day moving average price of GBX 0.58 and a 200 day moving average price of GBX 0.56. The company has a market cap of £71.90 million, a price-to-earnings ratio of -862.92 and a beta of 1.53.

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