Beaufort Securities Reiterates “Speculative Buy” Rating for KEFI Minerals plc (KEFI)
KEFI Minerals plc (LON:KEFI)‘s stock had its “speculative buy” rating reissued by analysts at Beaufort Securities in a research note issued to investors on Tuesday.
A number of other brokerages have also recently issued reports on KEFI. RFC Ambrian upped their price objective on shares of KEFI Minerals plc from GBX 8.80 ($0.11) to GBX 10.50 ($0.14) and gave the company a “buy” rating in a research note on Thursday, May 25th. Shore Capital reaffirmed a “not rated” rating on shares of KEFI Minerals plc in a research note on Friday, May 5th.
Shares of KEFI Minerals plc (LON KEFI) opened at 5.50 on Tuesday. The firm’s 50 day moving average is GBX 5.03 and its 200 day moving average is GBX 5.22. KEFI Minerals plc has a 12 month low of GBX 3.93 and a 12 month high of GBX 9.35. The company’s market cap is GBX 18.30 million.
About KEFI Minerals plc
KEFI Minerals plc is a gold exploration and development company. The Company focuses on gold and copper deposits, primarily in the prospective Arabian-Nubian Shield. The Company operates through the mineral exploration segment. The Company operates in Ethiopia and Saudi Arabia. The Company’s projects include Tulu Kapi project, Jibal Qutman EL and Hawiah EL.
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