Kenmare Resources (LON:KMR) Receives Hold Rating from Berenberg Bank

Kenmare Resources (LON:KMRGet Free Report)‘s stock had its “hold” rating reissued by analysts at Berenberg Bank in a research note issued to investors on Thursday,London Stock Exchange reports. They presently have a GBX 220 price objective on the stock. Berenberg Bank’s price objective would indicate a potential upside of 15.67% from the company’s current price.

Kenmare Resources Price Performance

LON KMR opened at GBX 190.20 on Thursday. The company has a quick ratio of 1.22, a current ratio of 3.24 and a debt-to-equity ratio of 25.24. The company has a market cap of £168.61 million, a PE ratio of -0.52, a price-to-earnings-growth ratio of 0.03 and a beta of 0.68. Kenmare Resources has a 52 week low of GBX 178.40 and a 52 week high of GBX 343.50. The firm’s 50-day simple moving average is GBX 210.28 and its two-hundred day simple moving average is GBX 229.90.

About Kenmare Resources

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