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KEFI Minerals ( (GB:KEFI) ) just unveiled an announcement.
KEFI Gold and Copper has completed the signing of final documentation for a US$240 million loan facility to fund development of its Tulu Kapi Gold Project in Ethiopia, following the arrangement of US$100 million in equity funding, of which the remaining US$50 million in subordinated streams, royalties and Ethiopian preference shares is in final documentation and expected to be signed in February 2026. With US$20 million of equity placed in December 2025, the company has begun key on-the-ground activities including compensation payments and land clearing for community resettlement, mobilisation of the plant construction contractor, and commencement of electricity transmission works, while also considering an additional US$36 million of non-dilutive funding to bolster cash reserves for exploration and social programmes, underscoring a transition into full financial close and project execution at a time of record gold prices and robust Ethiopian growth forecasts.
The most recent analyst rating on (GB:KEFI) stock is a Hold with a £1.50 price target. To see the full list of analyst forecasts on KEFI Minerals stock, see the GB:KEFI Stock Forecast page.
Spark’s Take on GB:KEFI Stock
According to Spark, TipRanks’ AI Analyst, GB:KEFI is a Neutral.
The score is held down primarily by very weak financial performance (no revenue, ongoing losses, and sustained cash burn) and bearish technical signals (below short-term moving averages with negative MACD and low RSI). A low-leverage balance sheet provides some support, but valuation remains unattractive due to continued unprofitability and no stated dividend yield.
To see Spark’s full report on GB:KEFI stock, click here.
More about KEFI Minerals
KEFI Gold and Copper plc is a gold and copper exploration and development company focused on the Arabian-Nubian Shield, with a pipeline of projects in Ethiopia and Saudi Arabia. Its flagship asset is the high-grade, high-recovery Tulu Kapi Gold Project in Ethiopia, positioned to benefit from strong gold prices and the country’s private sector-led economic growth.
Average Trading Volume: 60,532,226
Technical Sentiment Signal: Buy
Current Market Cap: £141.2M
For an in-depth examination of KEFI stock, go to TipRanks’ Overview page.