Kenmare Resources plc (LON:KMR - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 330.88 ($4.29) and traded as high as GBX 429.50 ($5.57). Kenmare Resources shares last traded at GBX 429.50 ($5.57), with a volume of 136,888 shares changing hands.
Wall Street Analyst Weigh In
Separately, Berenberg Bank reiterated a "hold" rating and set a GBX 350 ($4.54) target price on shares of Kenmare Resources in a research report on Thursday, March 6th.
Get Our Latest Stock Analysis on Kenmare Resources
Kenmare Resources Price Performance
The business's 50 day moving average is GBX 326.15 and its two-hundred day moving average is GBX 332.76. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.22 and a current ratio of 5.63. The firm has a market capitalization of £470.94 million, a PE ratio of 6.00, a price-to-earnings-growth ratio of 0.03 and a beta of 0.58.
About Kenmare Resources
(
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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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