KEFI Gold and Copper (LON:KEFI) Sets New 52-Week Low – Should You Sell?

Shares of KEFI Gold and Copper Plc (LON:KEFI) reached a new 52-week low on Friday. The stock traded as low as GBX 0.57 and last traded at GBX 0.62, with a volume of 56,375,086 shares trading hands. The stock had previously closed at GBX 0.65.

KEFI Gold and Copper Trading Down 4.5%

The stock has a market cap of £84.84 million, a P/E ratio of -5.60 and a beta of 1.76. The firm’s 50 day simple moving average is GBX 0.74 and its two-hundred day simple moving average is GBX 1.16. The company has a quick ratio of 1.24, a current ratio of 3.71 and a debt-to-equity ratio of 0.11.

KEFI Gold and Copper (LON:KEFI) last posted its quarterly earnings results on Tuesday, September 29th. The company reported GBX (0.04) earnings per share (EPS) for the quarter. As a group, equities research analysts predict that KEFI Gold and Copper Plc will post -10.00 earnings per share 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. KEFI Gold and Copper Plc was incorporated in 2006 and is headquartered in Nicosia, Cyprus.