Kenmare Resources plc (LON:KMR – Get Free Report)’s share price was up 38% during mid-day trading on Thursday . The stock traded as high as GBX 435 ($5.61) and last traded at GBX 379.50 ($4.89). Approximately 464,112 shares traded hands during trading, an increase of 304% from the average daily volume of 114,926 shares. The stock had previously closed at GBX 275 ($3.54).
Kenmare Resources Stock Up 45.5 %
The company has a debt-to-equity ratio of 0.12, a current ratio of 5.63 and a quick ratio of 1.22. The firm has a 50 day simple moving average of GBX 303.50 and a 200-day simple moving average of GBX 326.91. The stock has a market capitalization of £442.24 million, a price-to-earnings ratio of 5.64, a price-to-earnings-growth ratio of 0.03 and a beta of 0.58.
About Kenmare Resources
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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