KEFI Gold and Copper (LON:KEFI) Trading 5.9% Higher - Here's Why

Key Points

• KEFI Gold and Copper's share price rose by 5.9% to GBX 0.79 on Monday, with trading volume seeing a significant increase of 388% from its average session.
• The company has a market cap of £74.34 million and a notably high debt-to-equity ratio of 12.45, along with a P/E ratio of -892.13.
• KEFI specializes in the exploration and development of gold and copper deposits, primarily focusing on the Tulu Kapi Gold Project in Ethiopia.

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

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 company has a market cap of £74.34 million, a P/E ratio of -892.13 and a beta of 1.53. The firm's 50 day moving average is GBX 0.56 and its two-hundred day moving average is GBX 0.55.

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