KEFI Gold and Copper (LON:KEFI) Stock Crosses Below 200 Day Moving Average – Should You Sell?

KEFI Gold and Copper Plc (LON:KEFI)’s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 0.61 ($0.01) and traded as low as GBX 0.59 ($0.01). KEFI Gold and Copper shares last traded at GBX 0.62 ($0.01), with a volume of 23,154,473 shares traded.

KEFI Gold and Copper Stock Performance

The company has a current ratio of 0.18, a quick ratio of 1.24 and a debt-to-equity ratio of 11.59. The firm has a market capitalization of £37.57 million, a P/E ratio of -3.73 and a beta of 1.53. The business’s 50 day simple moving average is GBX 0.60 and its two-hundred day simple moving average is GBX 0.61.

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.