Kenmare Resources’ (KMR) “Buy” Rating Reaffirmed at Canaccord Genuity

Canaccord Genuity reaffirmed their buy rating on shares of Kenmare Resources (LON:KMR) in a research report sent to investors on Wednesday, March 14th. Canaccord Genuity currently has a GBX 500 ($7.02) price objective on the stock.

LON:KMR traded up GBX 9 ($0.13) on Wednesday, hitting GBX 221 ($3.10). The stock had a trading volume of 282,725 shares, compared to its average volume of 44,552. Kenmare Resources has a 52-week low of GBX 236.75 ($3.32) and a 52-week high of GBX 351.75 ($4.94).

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About Kenmare Resources

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.

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