KEFI Gold and Copper (LON:KEFI) Stock Price Up 11% – What’s Next?

KEFI Gold and Copper Plc (LON:KEFI) shares traded up 11% during trading on Wednesday . The stock traded as high as GBX 1.67 and last traded at GBX 1.64. 247,426,891 shares traded hands during mid-day trading, an increase of 123% from the average session volume of 111,104,734 shares. The stock had previously closed at GBX 1.48.

KEFI Gold and Copper Price Performance

The company has a debt-to-equity ratio of 12.45, a current ratio of 0.18 and a quick ratio of 1.24. The firm has a market cap of £156.82 million, a price-to-earnings ratio of -37.44 and a beta of 1.53. The stock’s fifty day moving average price is GBX 1.40 and its 200-day moving average price is GBX 1.14.

About KEFI Gold and Copper

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. KEFI Gold and Copper Plc was incorporated in 2006 and is headquartered in Nicosia, Cyprus.