Kenmare Resources (LON:KMR - Get Free Report)'s stock had its "hold" rating restated by research analysts at Berenberg Bank in a research note issued on Thursday, Marketbeat reports. They presently have a GBX 350 ($4.51) price objective on the stock. Berenberg Bank's target price indicates a potential downside of 17.74% from the stock's current price.
Kenmare Resources Stock Performance
Shares of LON KMR traded up GBX 23.50 ($0.30) during midday trading on Thursday, hitting GBX 425.50 ($5.48). 364,312 shares of the stock traded hands, compared to its average volume of 191,013. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.22 and a current ratio of 5.63. Kenmare Resources has a one year low of GBX 270 ($3.48) and a one year high of GBX 437.84 ($5.64). The firm has a market capitalization of £470.38 million, a P/E ratio of 5.99, a PEG ratio of 0.03 and a beta of 0.58. The firm has a 50-day moving average of GBX 306.09 and a two-hundred day moving average of GBX 327.62.
Kenmare Resources Company Profile
(
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Kenmare Resources plc is an Ireland-based mining company. The Company operates the Moma Titanium Minerals Mine, located on the northeast coast of Mozambique. The Moma Mine contains deposits of heavy minerals, which include the titanium minerals ilmenite and rutile, as well as the zirconium silicate mineral, zircon.
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