Kenmare Resources (LON:KMR) Hits New 1-Year Low – Here’s Why

Kenmare Resources plc (LON:KMRGet Free Report)’s share price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 291 ($3.68) and last traded at GBX 295.50 ($3.73), with a volume of 54568 shares. The stock had previously closed at GBX 292 ($3.69).

Kenmare Resources Stock Up 1.0 %

The company’s fifty day moving average is GBX 311.10 and its 200-day moving average is GBX 329.88. The company has a market capitalization of £328.33 million, a PE ratio of 4.18, a price-to-earnings-growth ratio of 0.03 and a beta of 0.58. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.22 and a current ratio of 5.63.

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.

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