Kenmare Resources' (KMR) Hold Rating Reiterated at Berenberg Bank

Berenberg Bank reiterated their hold rating on shares of Kenmare Resources (LON:KMR - Free Report) in a research note issued to investors on Wednesday, Marketbeat reports. The firm currently has a GBX 370 ($4.97) price objective on the stock.

Kenmare Resources Price Performance

Shares of LON KMR remained flat at GBX 326 ($4.38) during trading hours on Wednesday. The company had a trading volume of 52,428 shares, compared to its average volume of 140,531. The stock has a fifty day moving average price of GBX 359.59 and a two-hundred day moving average price of GBX 356.32. The company has a current ratio of 5.63, a quick ratio of 1.22 and a debt-to-equity ratio of 0.12. The company has a market capitalization of £360.39 million, a P/E ratio of 4.59, a price-to-earnings-growth ratio of 0.03 and a beta of 0.58. Kenmare Resources has a twelve month low of GBX 263.19 ($3.53) and a twelve month high of GBX 450 ($6.04).

Kenmare Resources Company Profile

Kenmare Resources plc is one of the world's largest producers of titanium minerals. Listed on the London Stock Exchange and the Euronext Dublin, Kenmare operates the Moma Titanium Minerals Mine in Mozambique. Moma's production accounts for approximately 6% of global titanium feedstocks and the Company supplies to customers operating in more than 15 countries.