KEFI Gold and Copper (LON:KEFI) Trading 9.3% Higher - Here's What Happened

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.

Shares of KEFI Gold and Copper Plc (LON:KEFI - Get Free Report) were 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). Approximately 180,873,547 shares traded hands during trading, an increase of 288% from the average daily volume of 46,569,617 shares. The stock had previously closed at GBX 0.75 ($0.01).

KEFI Gold and Copper Stock Up 8.0%

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 business's 50 day moving average price is GBX 0.56 and its 200 day moving average price is GBX 0.55. The firm has a market cap of £75.84 million, a PE ratio of -910.11 and a beta of 1.53.

KEFI Gold and Copper (LON:KEFI - Get Free Report) last posted its quarterly earnings data on Friday, June 6th. The company reported GBX (0.09) earnings per share (EPS) for the quarter. On average, equities research 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.

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