RBC Capital Gives Outperform Rating to Kenmare Resources (KMR)
Kenmare Resources (LON: KMR)‘s stock had its “outperform” rating reiterated by equities research analysts at RBC Capital in a research note issued to investors on Wednesday. They currently have a $0.95 (60 GBX) price target on the stock.
Separately, analysts at Canaccord Genuity downgraded shares of Kenmare Resources to a “hold” rating in a research note to investors on Wednesday, November 7th. They now have a $0.70 price target on the stock.
Kenmare Resources opened at 33.5975 on Wednesday. Kenmare Resources has a 1-year low of GBX 29.00 and a 1-year high of GBX 62.55. The stock’s 50-day moving average is currently GBX 40.18. The company’s market cap is £809.7 million.
Kenmare Resources plc (Kenmare), along with its subsidiaries, is engaged in the operation of the Moma Titanium Minerals Mine (Moma) in Mozambique.
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