Kenmare Resources plc Given Consensus Rating of “Buy” by Analysts (LON:KMR)
Kenmare Resources plc (LON:KMR) has been given a consensus rating of “Buy” by the twelve analysts that are covering the company, Stock Ratings Network.com reports. Five equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is GBX 27 ($0.45).
Shares of Kenmare Resources plc (LON:KMR) traded down 2.08% on Thursday, hitting GBX 11.75. The stock had a trading volume of 457,000 shares. Kenmare Resources plc has a 52 week low of GBX 8.847 and a 52 week high of GBX 29.48. The stock’s 50-day moving average is GBX 14.04 and its 200-day moving average is GBX 13.53. The company’s market cap is £326.9 million.
A number of research firms have recently commented on KMR. Analysts at VSA Capital reiterated a “hold” rating on shares of Kenmare Resources plc in a research note on Wednesday. Separately, analysts at Westhouse Securities reiterated a “buy” rating on shares of Kenmare Resources plc in a research note on Wednesday. They now have a GBX 20 ($0.33) price target on the stock. Finally, analysts at Goodbody Stockbrokers Ltd reiterated a “hold” rating on shares of Kenmare Resources plc in a research note on Friday, August 22nd. They now have a GBX 14 ($0.23) price target on the stock.
Kenmare Resources plc (LON:KMR), along with its subsidiaries, is engaged in the operation of the Moma Titanium Minerals Mine (Moma) in Mozambique.
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