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Kenmare Resources (LON:KMR) Reaches New 12-Month High - Still a Buy?

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Kenmare Resources plc (LON:KMR - Get Free Report)'s stock price reached a new 52-week high on Monday . The stock traded as high as GBX 425 ($5.51) and last traded at GBX 425.50 ($5.51), with a volume of 364312 shares trading hands. The stock had previously closed at GBX 402 ($5.21).

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a "hold" rating and issued a GBX 350 ($4.53) price objective on shares of Kenmare Resources in a research note on Thursday, March 6th.

Read Our Latest Research Report on Kenmare Resources

Kenmare Resources Stock Up 0.5 %

The firm has a market cap of £462.09 million, a P/E ratio of 5.89, a price-to-earnings-growth ratio of 0.03 and a beta of 0.58. The stock's 50 day simple moving average is GBX 314.83 and its 200 day simple moving average is GBX 329.90. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.22 and a current ratio of 5.63.

About Kenmare Resources

(Get Free Report)

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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