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

KEFI Gold and Copper Plc (LON:KEFIGet Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.61 ($0.01) and traded as high as GBX 0.62 ($0.01). KEFI Gold and Copper shares last traded at GBX 0.60 ($0.01), with a volume of 19,462,786 shares.

KEFI Gold and Copper Stock Up 3.3 %

The firm has a market capitalization of £36.30 million, a price-to-earnings ratio of -3.73 and a beta of 1.53. The business has a 50 day simple moving average of GBX 0.59 and a 200-day simple moving average of GBX 0.61. The company has a debt-to-equity ratio of 8.47, a quick ratio of 1.24 and a current ratio of 0.08.

About KEFI Gold and Copper

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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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