Kenmare Resources (KMR) Rating Reiterated by Peel Hunt
Kenmare Resources (LON:KMR)‘s stock had its “buy” rating reissued by investment analysts at Peel Hunt in a research report issued on Tuesday.
Other research analysts also recently issued research reports about the company. Berenberg Bank started coverage on Kenmare Resources in a research note on Friday, December 7th. They set a “buy” rating and a GBX 370 ($4.83) price target for the company. Canaccord Genuity reissued a “buy” rating and issued a GBX 475 ($6.21) target price on shares of Kenmare Resources in a research note on Wednesday, October 17th.
LON:KMR opened at GBX 187 ($2.44) on Tuesday. Kenmare Resources has a 52-week low of GBX 236.75 ($3.09) and a 52-week high of GBX 351.75 ($4.60).
Kenmare Resources plc, together with its subsidiaries, operates as a mining company primarily in Europe, Asia, the United States, and internationally. The company operates the Moma Titanium Minerals Mine located on the north east coast of Mozambique that contains heavy mineral reserves, such as ilmenite and rutile titanium minerals primarily used to produce titanium dioxide pigment, as well as zircon.
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