KEFI Gold and Copper (LON:KEFI) Shares Up 9.3% - Time to Buy?

Key Points

• KEFI Gold and Copper Plc shares rose by 9.3% to close at GBX 0.82, with trading volume significantly increasing by 288% from its daily average.
• The company's debt-to-equity ratio stands at 12.45, illustrating a high level of debt compared to equity, while its market cap is approximately £75.84 million.
• KEFI reported an earnings per share (EPS) of GBX (0.09) for the last quarter, and analysts project an annual EPS of -10 for the current year.

KEFI Gold and Copper Plc (LON:KEFI - Get Free Report)'s stock price traded up 9.3% during trading on Monday . The company traded as high as GBX 0.84 ($0.01) and last traded at GBX 0.82 ($0.01). 180,873,547 shares traded hands during mid-day trading, an increase of 288% from the average session volume of 46,569,617 shares. The stock had previously closed at GBX 0.75 ($0.01).

KEFI Gold and Copper Stock Performance

The company has a market cap of £71.90 million, a PE ratio of -862.92 and a beta of 1.53. The business's 50-day moving average is GBX 0.58 and its 200 day moving average is GBX 0.56. The company has a debt-to-equity ratio of 12.45, a quick ratio of 1.24 and a current ratio of 0.18.

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. On average, equities research 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.