Berenberg Bank Reiterates “Hold” Rating for Kenmare Resources (LON:KMR)

Berenberg Bank restated their hold rating on shares of Kenmare Resources (LON:KMR) in a report published on Wednesday morning, MarketBeat.com reports. Berenberg Bank currently has a GBX 370 price objective on the stock.

Kenmare Resources Price Performance

Shares of LON KMR opened at GBX 322 on Wednesday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.22 and a current ratio of 5.63. The company has a market cap of £355.97 million, a PE ratio of 4.54, a P/E/G ratio of 0.03 and a beta of 0.58. The business has a 50-day simple moving average of GBX 328.53 and a two-hundred day simple moving average of GBX 359.09. Kenmare Resources has a fifty-two week low of GBX 263.19 and a fifty-two week high of GBX 450.

About Kenmare Resources

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.