KEFI Gold and Copper (LON:KEFI) Trading Up 7.5% - Here's Why

Key Points

• KEFI Gold and Copper's stock price increased by 7.5%, with approximately 209 million shares traded during mid-day, marking a significant volume increase of 348% from its average.
• The company has a market capitalization of £76.30 million, a P/E ratio of -915.73, and is highly leveraged with a debt-to-equity ratio of 12.45.
• KEFI Gold and Copper reported a quarterly earnings loss of GBX (0.09) per share, with analysts predicting a full-year loss of -10 earnings per share.

KEFI Gold and Copper Plc (LON:KEFI - Get Free Report)'s share price rose 7.5% during trading on Monday . The stock traded as high as GBX 0.84 ($0.01) and last traded at GBX 0.81 ($0.01). Approximately 209,436,000 shares changed hands during mid-day trading, an increase of 348% from the average daily volume of 46,739,633 shares. The stock had previously closed at GBX 0.75 ($0.01).

KEFI Gold and Copper Trading Down 0.3%

The firm has a market cap of £71.90 million, a price-to-earnings ratio of -862.92 and a beta of 1.53. The company has a 50-day moving average price of GBX 0.58 and a 200 day moving average price of GBX 0.56. The company has a quick ratio of 1.24, a current ratio of 0.18 and a debt-to-equity ratio of 12.45.

KEFI Gold and Copper (LON:KEFI - Get Free Report) last issued its earnings results on Friday, June 6th. The company reported GBX (0.09) 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 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.