KEFI Gold and Copper (LON:KEFI) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

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 0.56 ($0.01) and traded as low as GBX 0.47 ($0.01). KEFI Gold and Copper shares last traded at GBX 0.48 ($0.01), with a volume of 23,427,922 shares traded.

KEFI Gold and Copper Stock Down 1.4 %

The company has a debt-to-equity ratio of 11.59, a current ratio of 0.18 and a quick ratio of 1.24. The stock’s fifty day simple moving average is GBX 0.49 and its 200-day simple moving average is GBX 0.56. The stock has a market cap of £28.97 million, a P/E ratio of -3.73 and a beta of 1.53.

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.