Kenmare Resources plc (LON:KMR)‘s stock had its “buy” rating reiterated by investment analysts at Westhouse Securities in a note issued to investors on Friday. They currently have a GBX 15 ($0.24) price target on the stock. Westhouse Securities’ price target would suggest a potential upside of 112.77% from the company’s current price.
A number of other analysts have also recently weighed in on KMR. Analysts at VSA Capital reiterated a “hold” rating on shares of Kenmare Resources plc in a research note on Friday. Separately, analysts at Goodbody Stockbrokers Ltd reiterated a “hold” rating on shares of Kenmare Resources plc in a research note on Wednesday, October 8th. They now have a GBX 13 ($0.21) price target on the stock. Finally, analysts at Goodbody Stockbrokers Ltd reiterated a “hold” rating on shares of Kenmare Resources plc in a research note on Monday, September 29th. They now have a GBX 13 ($0.21) price target on the stock. Four research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of GBX 21.57 ($0.35).
Kenmare Resources plc (LON:KMR) traded up 4.29% on Friday, hitting GBX 7.05. 64,867,112 shares of the company’s stock traded hands. Kenmare Resources plc has a 52 week low of GBX 6.75 and a 52 week high of GBX 23.40. The stock’s 50-day moving average is GBX 9.89 and its 200-day moving average is GBX 12.18. The company’s market cap is £196.1 million.
Kenmare Resources plc (LON:KMR), along with its subsidiaries, is engaged in the operation of the Moma Titanium Minerals Mine (Moma) in Mozambique.
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