KEFI Gold and Copper (LON:KEFI) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

KEFI Gold and Copper Plc (LON:KEFI)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 0.61 ($0.01) and traded as high as GBX 0.61 ($0.01). KEFI Gold and Copper shares last traded at GBX 0.59 ($0.01), with a volume of 10,441,976 shares.

KEFI Gold and Copper Price Performance

The company has a debt-to-equity ratio of 11.59, a quick ratio of 1.24 and a current ratio of 0.18. The stock has a 50 day simple moving average of GBX 0.59 and a two-hundred day simple moving average of GBX 0.61. The firm has a market cap of £35.88 million, a PE ratio of -3.73 and a beta of 1.53.

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.