Kenmare Resources plc 30.3% potential upside indicated by Berenberg Bank

Kenmare Resources plc with ticker (LON:KMR) now has a potential upside of 30.3% according to Berenberg Bank.



Berenberg Bank set a target price of 670 GBX for the company, which when compared to the Kenmare Resources plc share price of 467 GBX at opening today (26/05/2022) indicates a potential upside of 30.3%. Trading has ranged between 4 (52 week low) and 471 (52 week high) with an average of 181,315 shares exchanging hands daily. The market capitalisation at the time of writing is £440,604,133.

Kenmare Resources plc is a producer of mineral sand products. The Company is engaged in the operation of Moma Titanium Minerals Mine, which is located on the north east coast of Mozambique. It produces titanium minerals and zircon. The Company supplies to customers operating in more than 15 countries. The Company’s products are consumed in items, such as paints, plastics, and ceramic tiles.