KEFI Minerals (LON:KEFI) Stock Price Passes Below 200 Day Moving Average of $1.42

KEFI Minerals plc (LON:KEFI)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.42 and traded as low as $1.03. KEFI Minerals shares last traded at $1.09, with a volume of 32,412,705 shares trading hands.

The firm has a market capitalization of $7.88 million and a P/E ratio of -1.11. The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 6.32. The firm’s 50-day simple moving average is GBX 1.12 and its 200-day simple moving average is GBX 1.42.

In other KEFI Minerals news, insider Harry Anagnastoras-Adams purchased 1,431,939 shares of the firm’s stock in a transaction on Monday, July 1st. The shares were purchased at an average cost of GBX 1 ($0.01) per share, with a total value of £14,319.39 ($18,710.82).

KEFI Minerals Company Profile (LON:KEFI)

KEFI Minerals Plc engages in exploration and development of mineral deposits in Saudi Arabia and Ethiopia. It explores for gold, copper, and precious and base metals. The company holds 95% interest in Tulu Kapi Gold Project situated in Ethiopia with a probable ore reserve of 1.0 million ounces and mineral resources totaling 1.7 million ounces; and 40% interest in Jibal Qutman project located in Saudi Arabia with mineral resources totaling 0.7 million ounces.

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