Kenmare Resources’ (KMR) “Hold” Rating Reiterated at Berenberg Bank

Berenberg Bank reiterated their hold rating on shares of Kenmare Resources (LON:KMR) in a research note published on Wednesday, Marketbeat Ratings reports. They currently have a GBX 420 ($5.45) price objective on the stock.

Kenmare Resources Trading Down 0.8 %

KMR opened at GBX 326.50 ($4.23) on Wednesday. The stock has a market capitalization of £291.34 million, a P/E ratio of 302.31, a P/E/G ratio of 0.03 and a beta of 0.41. Kenmare Resources has a 12 month low of GBX 291 ($3.77) and a 12 month high of GBX 445.50 ($5.78). The firm’s fifty day simple moving average is GBX 336.68 and its 200 day simple moving average is GBX 329.42. The company has a current ratio of 4.04, a quick ratio of 1.22 and a debt-to-equity ratio of 4.32.

About Kenmare Resources

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.