Kenmare Resources (LON:KMR) Hits New 1-Year Low – Should You Sell?

Kenmare Resources plc (LON:KMRGet Free Report)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 288 ($3.65) and last traded at GBX 288 ($3.65), with a volume of 23298 shares. The stock had previously closed at GBX 293 ($3.71).

Kenmare Resources Price Performance

The stock has a market cap of £318.38 million, a P/E ratio of 4.06, a price-to-earnings-growth ratio of 0.03 and a beta of 0.58. The business’s 50-day simple moving average is GBX 308.91 and its two-hundred day simple moving average is GBX 329.27. The company has a quick ratio of 1.22, a current ratio of 5.63 and a debt-to-equity ratio of 0.12.

Kenmare Resources Company Profile

(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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