Kenmare Resources (LON:KMR) Earns Hold Rating from Berenberg Bank

Kenmare Resources (LON:KMRGet Free Report)‘s stock had its “hold” rating reaffirmed by equities research analysts at Berenberg Bank in a research note issued to investors on Wednesday, Marketbeat reports. They presently have a GBX 370 ($4.97) price target on the stock. Berenberg Bank’s price target indicates a potential upside of 13.50% from the company’s previous close.

Kenmare Resources Stock Up 0.3%

KMR stock opened at GBX 326 ($4.38) on Wednesday. The business has a 50 day moving average of GBX 361.30 and a 200 day moving average of GBX 356.26. The firm has a market cap of £360.39 million, a PE ratio of 4.59, a price-to-earnings-growth ratio of 0.03 and a beta of 0.58. Kenmare Resources has a twelve month low of GBX 263.19 ($3.53) and a twelve month high of GBX 450 ($6.04). The company has a quick ratio of 1.22, a current ratio of 5.63 and a debt-to-equity ratio of 0.12.

Kenmare Resources Company Profile

(Get Free Report)

Kenmare Resources plc is one of the world’s largest producers of titanium minerals. Listed on the London Stock Exchange and the Euronext Dublin, Kenmare operates the Moma Titanium Minerals Mine in Mozambique. Moma’s production accounts for approximately 6% of global titanium feedstocks and the Company supplies to customers operating in more than 15 countries.

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