KEFI Gold and Copper (LON:KEFI) Shares Pass Below 200-Day Moving Average – Should You Sell?

KEFI Gold and Copper Plc (LON:KEFIGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1.42 and traded as low as GBX 1.12. KEFI Gold and Copper shares last traded at GBX 1.14, with a volume of 51,526,887 shares.

KEFI Gold and Copper Price Performance

The stock has a market capitalization of £157.41 million, a P/E ratio of -29.33 and a beta of 1.75. The stock’s fifty day moving average is GBX 1.28 and its two-hundred day moving average is GBX 1.42.

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. KEFI Gold and Copper Plc was incorporated in 2006 and is headquartered in Nicosia, Cyprus.

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