KEFI Gold and Copper (LON:KEFI) Trading Up 5.9% - Should You Buy?

Key Points

• KEFI Gold and Copper Plc shares rose by 5.9%, closing at GBX 0.79, significantly increased trading volume at 388% above the average daily volume.
• The company has a market capitalization of £74.34 million and reported a negative price-to-earnings ratio of -892.13.
• KEFI focuses on the exploration and development of gold and copper deposits, notably through the Tulu Kapi Gold Project in Ethiopia.

KEFI Gold and Copper Plc (LON:KEFI - Get Free Report) shares were up 5.9% on Monday . The company traded as high as GBX 0.84 ($0.01) and last traded at GBX 0.79 ($0.01). Approximately 228,671,734 shares were traded during trading, an increase of 388% from the average daily volume of 46,854,133 shares. The stock had previously closed at GBX 0.75 ($0.01).

KEFI Gold and Copper Stock Performance

The stock has a market capitalization of £74.34 million, a price-to-earnings ratio of -892.13 and a beta of 1.53. The company has a current ratio of 0.18, a quick ratio of 1.24 and a debt-to-equity ratio of 12.45. The firm has a 50-day moving average of GBX 0.57 and a 200-day moving average of GBX 0.55.

KEFI Gold and Copper (LON:KEFI - Get Free Report) last announced its quarterly earnings data on Friday, June 6th. The company reported GBX (0.09) earnings per share for the quarter. As a group, sell-side analysts predict 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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