JP Morgan Cazenove disclosed Kenmare Resources PLC (LON:KMR), hiking its stock price target to 253.00GBX earlier today
- Updated: September 15, 2016
In a report released on 9/15/2016 JP Morgan Cazenove raised the target price of Kenmare Resources PLC (LON:KMR) from 252GBX to 253GBX indicating a possible upside of 0.00%.
Previously on 8/30/2016, JP Morgan Cazenove reported about Kenmare Resources PLC(LON:KMR) raised the target price from 232.00GBX to 252.00GBX. At the time, this suggested an upside of 0.00%.
Having a price of 0.00GBX, Kenmare Resources PLC (LON:KMR) traded 5.50% lower on the day. With the last stock price down 35.41% from the two hundred day average, compared with the S&P 500 Index which has fallen -0.01% over the date range. KMR has logged a 50-day average of 250.27GBX and two hundred day moving average of 198.88GBX. 350,794 shares of KMR were exchanged, up from ann avg. trading volume of 168,438
See Graph Below:
Kenmare Resources PLC has a 52 week low of 54.00GBX and a one-year high of 512.00GBX and has a total market value of 0.0 GBX.
In addition to JP Morgan Cazenove reporting it’s target price, a total of 1 analysts has released a research note on Kenmare Resources PLC. The 12-month target is 0.02GBX with 0 rating the stock a strong buy, 0 rating the company a buy, one analyst rating the stock a hold, 0 rating the company to underperform, and lastly 0 analystsrating the company as sell.
Brief Synopsis About Kenmare Resources PLC (LON:KMR)
Kenmare Resources plc (Kenmare) is a mining company. The Company and its subsidiaries are engaged in the operation and further development of the Moma Titanium Minerals Mine, which is located in northern coast of Mozambique. The Moma Mine contains deposits of heavy minerals, such as the titanium minerals, including ilmenite and rutile, as well as zirconium silicate mineral, zircon. The Company supplies mineral sand products to a global customer base operating in over 10 countries. The Company’s mining operations in the Moma Titanium Minerals Mine are carried out by the Company’s subsidiary, Kenmare Moma Mining (Mauritius) Limited and downstream processing is undertaken by its subsidiary, Kenmare Moma Processing (Mauritius) Limited. The Company’s other subsidiaries include Kenmare (U.K.) Company Limited, Kenmare Minerals Company Limited, Kenmare C.I. Limited, Congolone Heavy Minerals Limited, and Kenmare Resources (Jersey) Limited and Mozambique Minerals Limited.
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