Kenmare Resources (LON:KMR) Hits New 52-Week High – Should You Buy?

Posted by Lauren Steadman on Mar 21st, 2025

Kenmare Resources plc (LON:KMR – Get Free Report) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 450 ($5.84) and last traded at GBX 426 ($5.52), with a volume of 167930 shares. The stock had previously closed at GBX 427.50 ($5.54).

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “hold” rating and issued a GBX 350 ($4.54) price objective on shares of Kenmare Resources in a research report on Thursday, March 6th.

Get Our Latest Analysis on Kenmare Resources

Kenmare Resources Price Performance

The stock has a market cap of £470.94 million, a PE ratio of 6.00, a PEG ratio of 0.03 and a beta of 0.58. The company has a 50-day simple moving average of GBX 326.15 and a 200-day simple moving average of GBX 332.76. The company has a debt-to-equity ratio of 0.12, a current ratio of 5.63 and a quick ratio of 1.22.

About Kenmare Resources

(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.