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

by · The Cerbat Gem

KEFI Gold and Copper Plc (LON:KEFIGet Free Report) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 0.60 ($0.01) and traded as low as GBX 0.48 ($0.01). KEFI Gold and Copper shares last traded at GBX 0.50 ($0.01), with a volume of 44,675,828 shares trading hands.

KEFI Gold and Copper Price Performance

The stock has a market capitalization of £30.06 million, a price-to-earnings ratio of -3.73 and a beta of 1.53. The firm’s fifty day moving average is GBX 0.57 and its 200-day moving average is GBX 0.59. The company has a debt-to-equity ratio of 11.59, a current ratio of 0.18 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.

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