Kenmare Resources plc (KMR) Earns “Buy” Rating from Canaccord Genuity
Kenmare Resources plc (LON:KMR)‘s stock had its “buy” rating reissued by equities researchers at Canaccord Genuity in a report issued on Wednesday.
Kenmare Resources plc (LON KMR) opened at 272.75 on Wednesday. The company’s market capitalization is GBX 298.94 million. Kenmare Resources plc has a 52 week low of GBX 126.02 and a 52 week high of GBX 366.25. The company’s 50-day moving average price is GBX 275.80 and its 200 day moving average price is GBX 281.97.
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In other news, insider Graham Martin acquired 18,090 shares of Kenmare Resources plc stock in a transaction on Tuesday, May 30th. The stock was acquired at an average cost of GBX 273 ($3.45) per share, for a total transaction of £49,385.70 ($62,474.00).
About Kenmare Resources plc
Kenmare Resources plc (Kenmare) is a mining company. The Company and its subsidiaries are engaged in the operation and further development of the Moma Titanium Minerals Mine, which is located in northern coast of Mozambique. The Moma Mine contains deposits of heavy minerals, such as the titanium minerals, including ilmenite and rutile, as well as zirconium silicate mineral, zircon.
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