KEFI Gold and Copper (LON:KEFI) Stock Price Passes Below 200 Day Moving Average – What’s Next?

Shares of KEFI Gold and Copper Plc (LON:KEFI) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 0.55 ($0.01) and traded as low as GBX 0.51 ($0.01). KEFI Gold and Copper shares last traded at GBX 0.52 ($0.01), with a volume of 30,310,953 shares.

KEFI Gold and Copper Stock Down 2.9 %

The firm has a 50 day moving average of GBX 0.51 and a 200-day moving average of GBX 0.55. The company has a debt-to-equity ratio of 12.45, a current ratio of 0.18 and a quick ratio of 1.24. The stock has a market capitalization of £40.34 million, a P/E ratio of -6.27 and a beta of 1.53.

About KEFI Gold and Copper

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.