Kenmare Resources ( (GB:KMR) ) just unveiled an announcement.
Kenmare Resources has published its 2024 Annual Report, highlighting its compliance with the European Commission’s Corporate Sustainability Reporting Directive for the first time. The company exceeded its sustainability targets, including a 12% reduction in emissions and significant community investments. Financially, Kenmare reported a decrease in revenue and profit, but maintained strong production levels and a solid EBITDA margin. The company rejected a non-binding acquisition proposal, citing undervaluation, and continues to focus on sustainable growth and stakeholder value.
More about Kenmare Resources
Kenmare Resources plc is a leading global producer of mineral sands products, operating the Moma Titanium Minerals Mine in Mozambique. The company is listed on the London Stock Exchange and Euronext Dublin, supplying raw materials used in everyday items such as paints, plastics, and ceramic tiles to customers in over 15 countries.
YTD Price Performance: 20.28%
Average Trading Volume: 157,565
Technical Sentiment Signal: Strong Sell
Current Market Cap: £341.3M
See more data about KMR stock on TipRanks’ Stock Analysis page.