KEFI Gold and Copper (LON:KEFI) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

KEFI Gold and Copper Plc (LON:KEFIGet Free Report) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 0.55 ($0.01) and traded as low as GBX 0.54 ($0.01). KEFI Gold and Copper shares last traded at GBX 0.54 ($0.01), with a volume of 47,377,594 shares traded.

KEFI Gold and Copper Stock Performance

The business has a 50-day moving average of GBX 0.49 and a two-hundred day moving average of GBX 0.55. The company has a debt-to-equity ratio of 12.45, a current ratio of 0.18 and a quick ratio of 1.24. The company has a market cap of £42.82 million, a P/E ratio of -6.66 and a beta of 1.53.

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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