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

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 trading on Tuesday . The stock traded as high as GBX 0.84 ($0.01) and last traded at GBX 0.79 ($0.01). 228,671,734 shares traded 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 2.7%

The company has a quick ratio of 1.24, a current ratio of 0.18 and a debt-to-equity ratio of 12.45. The stock has a market capitalization of £72.09 million, a P/E ratio of -865.17 and a beta of 1.53. The company has a fifty day simple moving average of GBX 0.57 and a two-hundred day simple moving average of GBX 0.55.

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) earnings per share (EPS) for the quarter. On average, sell-side analysts expect 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.