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Kenmare Resources (LON:KMR) Stock Price Passes Above 200-Day Moving Average - What's Next?

Kenmare Resources logo with Basic Materials background

Kenmare Resources plc (LON:KMR - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 335.61 ($4.21) and traded as high as GBX 342.50 ($4.29). Kenmare Resources shares last traded at GBX 334.04 ($4.19), with a volume of 25,375 shares traded.

Kenmare Resources Price Performance

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 stock has a market capitalization of £298.06 million, a PE ratio of 484.11, a price-to-earnings-growth ratio of 0.03 and a beta of 0.58. The stock's 50 day moving average is GBX 343.36 and its two-hundred day moving average is GBX 335.52.

About Kenmare Resources

(Get Free Report)

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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