Today RFC Ambrian Reaffirms a “Buy” Rating on KEFI Minerals PLC (LON:KEFI) and a GBX 5.60 Target Price

May 16, 2018 - By Rusty Cady

KEFI Minerals Plc (LON:KEFI) Logo

KEFI Minerals PLC (LON:KEFI) Rating Reaffirmed

RFC Ambrian now has a GBX 5.60 PT on the 8.48 million GBP market cap company or 119.61 % upside potential. In a report issued to investors and clients on 16 May, KEFI Minerals PLC (LON:KEFI) shares have had their “Buy” Rating restate by analysts at RFC Ambrian.

KEFI Minerals Plc (LON:KEFI) Ratings Coverage

Among 3 analysts covering KEFI Minerals PLC (LON:KEFI), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. KEFI Minerals PLC has GBX 22 highest and GBX 5 lowest target. GBX 13.50’s average target is 429.41% above currents GBX 2.55 stock price. KEFI Minerals PLC had 3 analyst reports since November 27, 2017 according to SRatingsIntel. As per Friday, April 20, the company rating was maintained by Ambrian. Beaufort Securities maintained the stock with “Speculative Buy” rating in Monday, November 27 report. Cantor Fitzgerald maintained KEFI Minerals Plc (LON:KEFI) on Wednesday, May 9 with “Buy” rating.

The stock decreased 0.78% or GBX 0.02 during the last trading session, reaching GBX 2.55. About 2.31 million shares traded or 238.13% up from the average. KEFI Minerals Plc (LON:KEFI) has 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

KEFI Minerals Plc engages in exploration and development of mineral deposits in the Kingdom of Saudi Arabia and the Federal Democratic Republic of Ethiopia. The company has market cap of 8.48 million GBP. It explores for gold, copper, and precious and base metals. It currently has negative earnings. The firm holds 95% interest in Tulu Kapi 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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