Kenmare Resources (LON:KMR) PT Lowered to GBX 620 at Berenberg Bank

Kenmare Resources (LON:KMR) had its price target decreased by Berenberg Bank from GBX 660 ($8.96) to GBX 620 ($8.42) in a research note issued to investors on Friday, Analyst Price Targets reports. Berenberg Bank currently has a buy rating on the stock.

KMR opened at GBX 459 ($6.23) on Friday. The stock has a market capitalization of £435.69 million and a price-to-earnings ratio of 13.41. The company has a fifty day moving average of GBX 436.04 and a 200 day moving average of GBX 431.86. Kenmare Resources has a fifty-two week low of GBX 354 ($4.81) and a fifty-two week high of GBX 493 ($6.69). The company has a debt-to-equity ratio of 13.92, a quick ratio of 2.05 and a current ratio of 3.79.

Kenmare Resources Company Profile

Kenmare Resources plc, together with its subsidiaries, produces and sells mineral sand products in China, Italy, 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, zircon, and rutile; and concentrates, including secondary zircon and mineral sand concentrates.

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