Kenmare Resources plc (LON:KMR) to Issue Dividend of $0.15

Kenmare Resources plc (LON:KMR) announced a dividend on Wednesday, August 14th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 19th will be paid a dividend of $0.15 per share on Friday, October 11th. This represents a yield of 3.57%. The ex-dividend date of this dividend is Thursday, September 19th. The official announcement can be seen at this link.

Kenmare Resources Trading Up 2.1 %

Shares of KMR stock opened at GBX 345.26 ($4.41) on Thursday. The firm has a market capitalization of £308.08 million, a P/E ratio of 314.81, a price-to-earnings-growth ratio of 0.03 and a beta of 0.52. Kenmare Resources has a 1 year low of GBX 291 ($3.72) and a 1 year high of GBX 445.50 ($5.69). The firm’s fifty day simple moving average is GBX 327.84 and its 200 day simple moving average is GBX 326.27. The company has a current ratio of 4.04, a quick ratio of 1.22 and a debt-to-equity ratio of 4.32.

Analyst Ratings Changes

Separately, Berenberg Bank restated a “hold” rating and set a GBX 420 ($5.36) price objective on shares of Kenmare Resources in a report on Tuesday.

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.