Shares of Kenmare Resources plc (LON:KMR - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 335.84 ($4.23) and traded as high as GBX 347.50 ($4.38). Kenmare Resources shares last traded at GBX 340 ($4.28), with a volume of 39,676 shares traded.
Analyst Ratings Changes
Separately, Berenberg Bank reaffirmed a "hold" rating and set a GBX 420 ($5.29) target price on shares of Kenmare Resources in a report on Tuesday, August 13th.
Get Our Latest Analysis on Kenmare Resources
Kenmare Resources Trading Up 3.3 %
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 business has a fifty day simple moving average of GBX 336.27 and a 200 day simple moving average of GBX 335.87. The company has a market cap of £303.38 million, a P/E ratio of 492.75, a P/E/G ratio of 0.03 and a beta of 0.58.
Kenmare Resources Company Profile
(
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Kenmare Resources plc, together with its subsidiaries, engages in the production and sale of mineral sand products in China, the rest of Asia, Europe, the United States, and internationally. It operates the Moma Titanium Minerals Mine located on the northeast coast of Mozambique. The company's products include ilmenite, rutile, and zircon; monazite; and concentrates, including secondary zircon and mineral sand concentrates.
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