Kenmare Resources (LON:KMR) Hits New 52-Week Low – Time to Sell?

Kenmare Resources plc (LON:KMRGet Free Report)’s stock price reached a new 52-week low on Wednesday . The stock traded as low as GBX 291 ($3.67) and last traded at GBX 295.50 ($3.73), with a volume of 54568 shares trading hands. The stock had previously closed at GBX 292 ($3.68).

Kenmare Resources Stock Up 1.2 %

The firm has a market capitalization of £326.67 million, a price-to-earnings ratio of 4.16, a price-to-earnings-growth ratio of 0.03 and a beta of 0.58. The company has a quick ratio of 1.22, a current ratio of 5.63 and a debt-to-equity ratio of 0.12. The firm has a 50 day moving average of GBX 312.77 and a two-hundred day moving average of GBX 330.33.

Kenmare Resources Company Profile

(Get Free Report)

Kenmare Resources plc is an Ireland-based mining company. The Company operates the Moma Titanium Minerals Mine, located on the northeast coast of Mozambique. The Moma Mine contains deposits of heavy minerals, which include the titanium minerals ilmenite and rutile, as well as the zirconium silicate mineral, zircon.

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