Kenmare Resources (KMR) Share Price, News & Analysis

Company Overview

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. It has a total proved and probable ore reserves of 1,429 million tons. The company was formerly known as Kenmare Oil Exploration plc and changed its name to Kenmare Resources plc in 1987. Kenmare Resources plc was incorporated in 1972 and is headquartered in Dublin, Ireland.

Key Stats

• Today's Range: 329.50 to 347.50
• 50-Day Range: 318.29 to 358
• 52-Week Range: 291 to 414.92
• Volume: 39,676 shs
• Average Volume: 156,013 shs
• Market Capitalization: £303.38 million
• P/E Ratio: 492.75
• Dividend Yield: 12.35%
• Price Target: GBX 420
• Consensus Rating: Hold

Kenmare Resources Stock Analysis - MarketRank™

Kenmare Resources scored higher than 48% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

Kenmare Resources has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Kenmare Resources has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Kenmare Resources is 492.75, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 111.79.

Price to Earnings Ratio vs. Sector

The P/E ratio of Kenmare Resources is 492.75, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 102.68.

Price to Earnings Growth Ratio

Kenmare Resources has a PEG Ratio of 0.03. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Kenmare Resources has a P/B Ratio of 0.27. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for KMR.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Kenmare Resources is a leading dividend payer. It pays a dividend yield of 12.59%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Kenmare Resources does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Kenmare Resources is 6,086.96%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for KMR.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.37

News Sentiment

Kenmare Resources has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Kenmare Resources this week, compared to 1 article on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Kenmare Resources insiders have not sold or bought any company stock.

Percentage Held by Insiders

21.90% of the stock of Kenmare Resources is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

50.95% of the stock of Kenmare Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

KMR Stock Analysis - Frequently Asked Questions

How have KMR shares performed this year?

Kenmare Resources' stock was trading at GBX 394.50 at the start of the year. Since then, KMR shares have decreased by 13.8% and is now trading at GBX 340.
View the best growth stocks for 2024 here.

How do I buy shares of Kenmare Resources?

Shares of KMR stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
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What other stocks do shareholders of Kenmare Resources own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Kenmare Resources investors own include Lloyds Banking Group (LLOY), Williams Companies (WMB), Man Group (EMG), Barclays (BARC), Standard Chartered (STAN), Bodycote (BOY) and 4942063 (PCI.L) (PCI).

Company Calendar

• Ex-Dividend for 10/11 Dividend: 9/19/2024
• Dividend Payable: 10/11/2024
• Today: 11/17/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: N/A
• Current Symbol: LON:KMR
• CUSIP: N/A
• CIK: N/A
• Web: www.kenmareresources.com
• Phone: +353-1-6710411
• Fax: N/A
• Employees: 1,687
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 420
• High Stock Price Target: GBX 420
• Low Stock Price Target: GBX 420
• Potential Upside/Downside: +23.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.69
• Trailing P/E Ratio: 492.75
• Forward P/E Ratio: 5.87
• P/E Growth: 0.03
• Net Income: £84.08 million
• Net Margins: 22.09%
• Pretax Margin: N/A
• Return on Equity: 7.45%
• Return on Assets: 5.47%

Debt

• Debt-to-Equity Ratio: 0.12
• Current Ratio: 5.63
• Quick Ratio: 1.22

Sales & Book Value

• Annual Sales: £380.68 million
• Price / Sales: 0.80
• Cash Flow: GBX 26.21 per share
• Price / Cash Flow: 12.97
• Book Value: GBX 1,267 per share
• Price / Book: 0.27

Miscellaneous

• Outstanding Shares: 89,230,000
• Free Float: N/A
• Market Cap: £303.38 million
• Optionable: Not Optionable
• Beta: 0.58