KEFI Gold and Copper (LON:KEFI) Shares Cross Below 200 Day Moving Average – Here’s Why

Shares of KEFI Gold and Copper Plc (LON:KEFIGet Free Report) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 0.55 ($0.01) and traded as low as GBX 0.51 ($0.01). KEFI Gold and Copper shares last traded at GBX 0.52 ($0.01), with a volume of 30,310,953 shares trading hands.

KEFI Gold and Copper Stock Performance

The company has a market capitalization of £41.38 million, a price-to-earnings ratio of -6.43 and a beta of 1.53. The stock has a 50 day moving average of GBX 0.51 and a 200 day moving average of 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.

KEFI Gold and Copper Company Profile

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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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