Kenmare Resources plc (LON:KMR - Get Free Report) shares reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 270 ($3.49) and last traded at GBX 277.50 ($3.59), with a volume of 97393 shares. The stock had previously closed at GBX 279 ($3.61).
Wall Street Analyst Weigh In
Separately, Berenberg Bank reiterated a "hold" rating and issued a GBX 350 ($4.52) price objective on shares of Kenmare Resources in a report on Thursday.
Check Out Our Latest Research Report on KMR
Kenmare Resources Price Performance
The business has a fifty day moving average price of GBX 306.09 and a 200-day moving average price of GBX 327.87. The company has a current ratio of 5.63, a quick ratio of 1.22 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of £444.41 million, a PE ratio of 5.66, a PEG ratio of 0.03 and a beta of 0.58.
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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