Kenmare Resources plc (KMR) Given Buy Rating at Canaccord Genuity
Kenmare Resources plc (LON:KMR)‘s stock had its “buy” rating reaffirmed by Canaccord Genuity in a note issued to investors on Thursday.
A number of other research firms have also weighed in on KMR. Davy Research reissued an “outperform” rating on shares of Kenmare Resources plc in a report on Thursday, August 4th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Kenmare Resources plc in a report on Thursday, August 25th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. Kenmare Resources plc has an average rating of “Hold” and an average price target of GBX 10.36 ($0.13).
Kenmare Resources plc (LON:KMR) traded down 2.70% on Thursday, reaching GBX 315.00. 73,916 shares of the company traded hands. The stock’s 50 day moving average price is GBX 293.32 and its 200 day moving average price is GBX 216.89. Kenmare Resources plc has a one year low of GBX 54.00 and a one year high of GBX 387.85. The company’s market capitalization is GBX 43.81 million.
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Kenmare Resources plc Company Profile
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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