KEFI Gold and Copper (LON:KEFI) Share Price Crosses Below Two Hundred Day Moving Average – What’s Next?

KEFI Gold and Copper Plc (LON:KEFIGet Free Report)’s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred 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 changing hands.

KEFI Gold and Copper Stock Performance

The business’s fifty day moving average is GBX 0.57 and its 200-day moving average is GBX 0.59. The stock has a market capitalization of £30.06 million, a PE ratio of -3.73 and a beta of 1.53. The company has a quick ratio of 1.24, a current ratio of 0.18 and a debt-to-equity ratio of 11.59.

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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