KEFI Gold and Copper (LON:KEFI) Trading Down 12% – Here’s What Happened

KEFI Gold and Copper Plc (LON:KEFIGet Free Report) shares were down 12% during mid-day trading on Monday . The stock traded as low as GBX 0.62 and last traded at GBX 0.68. 442,727,219 shares traded hands during trading, an increase of 342% from the average session volume of 100,248,453 shares. The stock had previously closed at GBX 0.77.

KEFI Gold and Copper Price Performance

The company has a market cap of £98.33 million, a PE ratio of -6.49 and a beta of 1.76. The business has a 50 day moving average of GBX 1.03 and a 200 day moving average of GBX 1.17. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.59 and a quick ratio of 1.24.

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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