KEFI Gold and Copper (LON:KEFI) Trading Up 5.9% - Still a Buy?

Key Points

• KEFI Gold and Copper Plc saw its stock price increase by 5.9% during trading on Monday, closing at GBX 0.79 ($0.01) after trading as high as GBX 0.84.
• The company's recent quarterly earnings reported an EPS of GBX (0.09), with analysts projecting a total EPS of -10 for the current year.
• KEFI primarily focuses on developing the Tulu Kapi Gold Project in Ethiopia and is involved in exploring gold and copper deposits within the Arabian-Nubian Shield.

KEFI Gold and Copper Plc (LON:KEFI - Get Free Report) was up 5.9% during trading 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 changed hands 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 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 firm has a market cap of £74.34 million, a price-to-earnings ratio of -892.13 and a beta of 1.53. The stock's 50 day moving average is GBX 0.56 and its 200 day moving average is GBX 0.55.

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) EPS for the quarter. Analysts forecast 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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