KEFI Gold and Copper (LON:KEFI) Reaches New 1-Year Low – Here’s Why

KEFI Gold and Copper Plc (LON:KEFI) hit a new 52-week low during mid-day trading on Tuesday. The stock traded as low as GBX 0.59 and last traded at GBX 0.60, with a volume of 103343313 shares trading hands. The stock had previously closed at GBX 0.62.

KEFI Gold and Copper Price Performance

The company has a market capitalization of £92.41 million, a price-to-earnings ratio of -6.10 and a beta of 1.76. The company has a quick ratio of 1.24, a current ratio of 3.71 and a debt-to-equity ratio of 0.11. The company has a 50 day simple moving average of GBX 0.99 and a 200 day simple moving average of GBX 1.13.

KEFI Gold and Copper (LON:KEFI) last released its quarterly earnings data on Tuesday, September 29th. The company reported GBX (0.04) earnings per share (EPS) for the quarter. As a group, research analysts predict that KEFI Gold and Copper Plc will post -10 EPS for the current year.

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.