Kenmare Resources (LON:KMR) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Kenmare Resources plc (LON:KMR)’s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 336.56 ($4.21) and traded as high as GBX 340.93 ($4.26). Kenmare Resources shares last traded at GBX 320 ($4.00), with a volume of 77,449 shares traded.

Kenmare Resources Price Performance

The firm has a market cap of £281.07 million, a PE ratio of 456.52, a price-to-earnings-growth ratio of 0.03 and a beta of 0.58. The company has a current ratio of 5.63, a quick ratio of 1.22 and a debt-to-equity ratio of 0.12. The company has a 50 day moving average price of GBX 343.76 and a 200 day moving average price of GBX 336.14.

Kenmare Resources Company Profile

Kenmare Resources plc, together with its subsidiaries, engages in the production and sale of mineral sand products in China, the rest of Asia, Europe, the United States, and internationally. It operates the Moma Titanium Minerals Mine located on the northeast coast of Mozambique. The company's products include ilmenite, rutile, and zircon; monazite; and concentrates, including secondary zircon and mineral sand concentrates.