KEFI Gold and Copper (LON:KEFI) Trading 12.8% Higher - Should You Buy?

Key Points

• KEFI Gold and Copper stock rose by 12.8% on Wednesday, trading as high as GBX 1.55, with a notable increase in trading volume of 183% compared to its average.
• The company reported a debt-to-equity ratio of 12.45 and had a market capitalization of £141.47 million, along with a PE ratio of -3,846.15.
• KEFI Gold and Copper focuses on the 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) rose 12.8% on Wednesday . The stock traded as high as GBX 1.55 ($0.02) and last traded at GBX 1.50 ($0.02). Approximately 158,916,438 shares were traded during trading, an increase of 183% from the average daily volume of 56,179,582 shares. The stock had previously closed at GBX 1.33 ($0.02).

KEFI Gold and Copper Stock Up 12.8%

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 company has a 50-day moving average of GBX 0.81 and a two-hundred day moving average of GBX 0.63. The company has a market capitalization of £141.47 million, a PE ratio of -3,846.15 and a beta of 1.53.

KEFI Gold and Copper (LON:KEFI - Get Free Report) last posted its quarterly earnings results on Tuesday, September 30th. The company reported GBX (0.05) EPS for the quarter. Sell-side 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.

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