Key Equity Analysts at RFC Ambrian Reiterate their ‘”Buy”’ rating for KEFI Minerals PLC (LON:KEFI) Shares Today. Their TP is Set to GBX 5.60

May 16, 2018 - By Linda Rogers

KEFI Minerals Plc (LON:KEFI) Logo

KEFI Minerals PLC (LON:KEFI) Rating Reaffirmed

KEFI Minerals PLC (LON:KEFI) just had their share rating of a ‘”Buy”‘ issued by research analysts at RFC Ambrian, who now has a GBX 5.60 target price per share on the 8.48 million GBP market cap company or a 119.61 % upside potential. This key information was disclosed to clients in an analyst note on 16 May.

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. Beaufort Securities maintained the shares of KEFI in report on Monday, November 27 with “Speculative Buy” rating. As per Friday, April 20, the company rating was maintained by Ambrian. The stock has “Buy” rating by Cantor Fitzgerald on Wednesday, May 9.

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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