Kenmare Resources (OTCMKTS:KMRPF) Trading Up 0.3% – Here’s Why

Kenmare Resources plc (OTCMKTS:KMRPFGet Free Report) shot up 0.3% on Monday . The stock traded as high as $3.50 and last traded at $3.50. 2,000 shares traded hands during mid-day trading, a decline of 41% from the average session volume of 3,382 shares. The stock had previously closed at $3.49.

Kenmare Resources Stock Performance

The business has a 50-day moving average of $3.76 and a two-hundred day moving average of $4.31.

Kenmare Resources Company Profile

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Kenmare Resources plc, together with its subsidiaries, engages in the production and sale of mineral sand products in China, the rest of Asia, Europe, the United States, and internationally. It operates the Moma Titanium Minerals Mine located on the northeast coast of Mozambique. The company's products include ilmenite, rutile, and zircon; monazite; and concentrates, including secondary zircon and mineral sand concentrates.

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