Kenmare Resources Announces Share Capital Details Under Irish Takeover Rules

Kenmare Resources ( (GB:KMR) ) has shared an announcement.

Kenmare Resources plc, a company listed on Euronext Dublin and the FCA’s premium listing segment, announced its issued share capital comprises 89,228,161 ordinary shares. The company has no treasury shares, and there are options over 3,150,995 ordinary shares under its restricted share plan. This announcement is made in accordance with Rule 2.12 of the Irish Takeover Rules, highlighting the disclosure requirements for those interested in 1% or more of Kenmare’s securities during the offer period.

The most recent analyst rating on (GB:KMR) stock is a Buy with a £580.00 price target. To see the full list of analyst forecasts on Kenmare Resources stock, see the GB:KMR Stock Forecast page.

Spark’s Take on GB:KMR Stock

According to Spark, TipRanks’ AI Analyst, GB:KMR is a Outperform.

Kenmare Resources’ overall score reflects a balance of strong valuation and positive corporate events, alongside challenges in financial performance. While the company benefits from a robust equity position and attractive dividend yield, addressing declining margins and cash flow issues is critical for future growth. Technical analysis supports a stable outlook, with potential for upward momentum.

To see Spark’s full report on GB:KMR stock, click here.

More about Kenmare Resources

Average Trading Volume: 99,429

Technical Sentiment Signal: Buy

Current Market Cap: £348M

See more insights into KMR stock on TipRanks’ Stock Analysis page.