Kenmare Resources plc’s (KMR) Buy Rating Reaffirmed at Canaccord Genuity
Kenmare Resources plc (LON:KMR)‘s stock had its “buy” rating reissued by analysts at Canaccord Genuity in a research report issued on Thursday.
KMR has been the topic of several other reports. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Kenmare Resources plc in a research report on Thursday, August 25th. Davy Research reissued an “outperform” rating on shares of Kenmare Resources plc in a research report on Thursday, August 4th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 10.36 ($0.13).
Shares of Kenmare Resources plc (LON:KMR) traded up 5.09% during midday trading on Thursday, hitting GBX 304.50. The company had a trading volume of 63,976 shares. The firm’s market cap is GBX 42.35 million. The company’s 50 day moving average is GBX 298.07 and its 200 day moving average is GBX 220.53. Kenmare Resources plc has a one year low of GBX 54.00 and a one year high of GBX 366.25.
About Kenmare Resources plc
Kenmare Resources plc (Kenmare) is an Ireland-based mining company. The Company and its subsidiaries are engaged in the operation and further development of the Moma Titanium Minerals Mine in Mozambique. The Moma Mine consist deposits of heavy minerals, such as the titanium minerals, including ilmenite and rutile, and the zirconium silicate mineral, zircon.
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