Berenberg Bank restated their hold rating on shares of Kenmare Resources (LON:KMR - Free Report) in a report issued on Wednesday morning, MarketBeat Ratings reports. Berenberg Bank currently has a GBX 370 ($4.97) target price on the stock.
Kenmare Resources Stock Performance
Shares of LON KMR remained flat at GBX 326 ($4.38) during midday trading on Wednesday. The company had a trading volume of 52,428 shares, compared to its average volume of 140,531. The company has a current ratio of 5.63, a quick ratio of 1.22 and a debt-to-equity ratio of 0.12. Kenmare Resources has a 52-week low of GBX 263.19 ($3.53) and a 52-week high of GBX 450 ($6.04). The company's 50-day moving average is GBX 361.30 and its two-hundred day moving average is GBX 356.26. The company has a market capitalization of £360.39 million, a PE ratio of 4.59, a P/E/G ratio of 0.03 and a beta of 0.58.
Kenmare Resources Company Profile
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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.
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