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Share Price: 0.696

Bid: 0.69

Ask: 0.736

Change: -0.014 (-1.97%)

Spread: 0.046 (6.667%)

Open: 0.714

High: 0.716

Low: 0.662

Prev. Close: 0.71

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IN BRIEF: KEFI Minerals Sees 2019 Loss Widen On Higher Costs

Tue, 30th Jun 2020 17:17

KEFI Minerals PLC - London-based gold exploration & development company - Says pretax loss for 2019 was GBP5.6 million, widened from GBP5 million in 2018. No revenue was recorded. Adds that it will continue to advance its Tulu Kapi gold project in Ethiopia towards plans to commence gold production in 2022. It expects to generate average earnings before interest, taxes, depreciation and amortisation of between USD78 million to USD129 million each year.

Current stock price: 0.87 pence

Year-to-date change: down 28%

By Ife Taiwo; ifetaiwo@alliancenews.com

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(Sharecast News) - Gold exploration and development company KEFI updated the market on its operations on Friday, reporting that at its Ethiopia subsidiary Tulu Kapi Gold Mines (TKGM), it has completed its recent incident management and investigations and was now preparing for the launch of the Tulu Kapi Gold Project.

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Kefi Gold Share News (KEFI)

Share Price Information for Kefi Gold (KEFI)

IN BRIEF: KEFI Minerals Sees 2019 Loss Widen On Higher Costs

IN BRIEF: KEFI to meet with Ethiopian officials over JV delays

TRADING UPDATES: Ideagen profit soars; Enwell annual production up

TRADING UPDATES: Harvest Minerals sales jump; Quartix earnings to rise

IN BRIEF: Kefi Gold notes increase to Hawiah's mineral resource

UK shareholder meetings calendar - next 7 days

TRADING UPDATES: GSTechnologies loss widens; DX Group launches review

IN BRIEF: KEFI Gold wins two new exploration licences in Saudi Arabia

AIM WINNERS & LOSERS: Feedback's AWS deal; Tungsten settles claim

Kefi Gold and Copper secures two Saudi licences

KEFI shares surge as situation in Ethiopia improves

Kefi Gold & Copper shares rise as Ethiopian civil conflict calms

TRADING UPDATES: Halfords and Springfield to raise funds for new deals

IN BRIEF: Kefi Gold prepares to launch Tulu Kapi despite conflict

KEFI optimistic despite escalating tensions in Ethiopia

AIM WINNERS & LOSERS: Biome shares sink on revenue warning

Latest Share Chat

Kefi Gold Share News (KEFI)

Share Price Information for Kefi Gold (KEFI)

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