KEFI Gold and Copper (LON:KEFI) Stock Price Crosses Below 200-Day Moving Average – Here’s Why

by · The Cerbat Gem

KEFI Gold and Copper Plc (LON:KEFIGet Free Report) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 0.61 ($0.01) and traded as low as GBX 0.54 ($0.01). KEFI Gold and Copper shares last traded at GBX 0.56 ($0.01), with a volume of 30,503,472 shares.

KEFI Gold and Copper Stock Performance

The company has a current ratio of 0.18, a quick ratio of 1.24 and a debt-to-equity ratio of 11.59. The company has a market cap of £35.51 million, a PE ratio of -3.73 and a beta of 1.53. The company has a fifty day simple moving average of GBX 0.59 and a two-hundred day simple moving average of GBX 0.61.

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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