KEFI Gold and Copper (LON:KEFI) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

KEFI Gold and Copper Plc (LON:KEFI)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.61 ($0.01) and traded as low as GBX 0.56 ($0.01). KEFI Gold and Copper shares last traded at GBX 0.58 ($0.01), with a volume of 96,521,778 shares.

KEFI Gold and Copper Price Performance

The company has a market capitalization of £35.88 million, a P/E ratio of -3.73 and a beta of 1.53. The firm’s fifty day moving average is GBX 0.59 and its 200 day moving average is GBX 0.61. The company has a debt-to-equity ratio of 11.59, a quick ratio of 1.24 and a current ratio of 0.18.

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.