KEFI Gold and Copper (LON:KEFI) Shares Up 5.9% - Time to 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)'s share price 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 were traded during mid-day 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 Trading Down 0.3%

The company has a market cap of £71.90 million, a P/E ratio of -862.92 and a beta of 1.53. 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 business has a 50-day moving average price of GBX 0.58 and a two-hundred day moving average price of GBX 0.56.

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