An update from Kenmare Resources ( (GB:KMR) ) is now available.
Kenmare Resources plc, a company listed on the Euronext Dublin and the premium listing segment of the FCA, has announced its current issued share capital as part of compliance with the Irish Takeover Rules. The company has 89,228,161 ordinary shares in circulation and options over 3,088,855 shares under its restricted share plan. This announcement is significant for stakeholders as it outlines the company’s adherence to disclosure requirements under the Irish Takeover Rules, ensuring transparency and regulatory compliance during any potential offer period.
Spark’s Take on GB:KMR Stock
According to Spark, TipRanks’ AI Analyst, GB:KMR is a Outperform.
Kenmare Resources shows a balanced outlook with strengths in valuation and corporate events, suggesting potential upside. However, challenges in financial performance, particularly in cash flow and declining margins, temper the overall score. The technical analysis indicates positive momentum, supporting a moderately optimistic view for the stock.
To see Spark’s full report on GB:KMR stock, click here.
More about Kenmare Resources
YTD Price Performance: 31.45%
Average Trading Volume: 166,278
Technical Sentiment Signal: Sell
Current Market Cap: £361.4M
For detailed information about KMR stock, go to TipRanks’ Stock Analysis page.