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

KEFI Gold and Copper Plc (LON:KEFI)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1.31 and traded as low as GBX 1.06. KEFI Gold and Copper shares last traded at GBX 1.06, with a volume of 61,520,867 shares.

KEFI Gold and Copper Trading Down 2.3%

The firm’s fifty day simple moving average is GBX 1.07 and its 200-day simple moving average is GBX 1.31. The stock has a market cap of £161.41 million, a P/E ratio of -10.65 and a beta of 1.76. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.24 and a current ratio of 1.59.

KEFI Gold and Copper (LON:KEFI) last issued its quarterly earnings results on Monday, June 8th. The company reported GBX (0.11) EPS for the quarter. Equities research analysts expect that KEFI Gold and Copper Plc will post -10 EPS for the current fiscal year.

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