KEFI Gold and Copper (LON:KEFI) Trading 27.8% Higher – Still a Buy?

KEFI Gold and Copper Plc (LON:KEFI)’s stock price traded up 27.8% during mid-day trading on Tuesday . The company traded as high as GBX 1.56 ($0.02) and last traded at GBX 1.54 ($0.02). 218,988,484 shares were traded during trading, an increase of 276% from the average session volume of 58,302,871 shares. The stock had previously closed at GBX 1.21 ($0.02).

KEFI Gold and Copper Stock Up 1.1%

The firm has a market cap of £146.85 million, a price-to-earnings ratio of -3,992.31 and a beta of 1.53. The company has a current ratio of 0.18, a quick ratio of 1.24 and a debt-to-equity ratio of 12.45. The stock has a 50-day moving average of GBX 0.86 and a 200-day moving average of GBX 0.65.

KEFI Gold and Copper (LON:KEFI) last released its quarterly earnings data on Tuesday, September 30th. The company reported GBX (0.05) earnings per share (EPS) for the quarter. As a group, sell-side analysts forecast that KEFI Gold and Copper Plc will post -10 EPS for the current fiscal year.

KEFI Gold and Copper Company Profile

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.