Shares of Kenmare Resources plc (LON:KMR – Get Free Report) rose 38% during 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 changed 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 firm has a fifty day moving average price of GBX 303.50 and a 200 day moving average price of GBX 326.91. The company has a quick ratio of 1.22, a current ratio of 5.63 and a debt-to-equity ratio of 0.12. The company has a market cap of £442.24 million, a P/E ratio of 5.64, a PEG 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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