KEFI Gold and Copper (LON:KEFI) Trading Up 11.5% - Still a Buy?

Key Points

• KEFI Gold and Copper Plc shares increased by 11.5% during mid-day trading, reaching GBX 0.84 ($0.01), with trading volumes surging by 180% compared to the average.
• The company's most recent quarterly earnings reported an EPS of GBX (0.09), with analysts projecting a total of -10 EPS for the current fiscal year.
• KEFI Gold and Copper focuses on the Tulu Kapi Gold Project in Ethiopia and engages in the exploration of gold and copper deposits in the Arabian-Nubian Shield.

KEFI Gold and Copper Plc (LON:KEFI - Get Free Report) was up 11.5% during trading on Monday . The company traded as high as GBX 0.84 ($0.01) and last traded at GBX 0.84 ($0.01). Approximately 129,718,273 shares were traded during mid-day trading, an increase of 180% from the average daily volume of 46,265,121 shares. The stock had previously closed at GBX 0.75 ($0.01).

KEFI Gold and Copper Price Performance

The stock's 50-day simple moving average is GBX 0.57 and its 200 day simple moving average is GBX 0.55. 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 £70.22 million, a price-to-earnings ratio of -842.70 and a beta of 1.53.

KEFI Gold and Copper (LON:KEFI - Get Free Report) last posted its earnings results on Friday, June 6th. The company reported GBX (0.09) EPS for the quarter. On average, equities research analysts anticipate that KEFI Gold and Copper Plc will post -10 EPS 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.