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Kenmare Resources ( (GB:KMR) ) just unveiled an announcement.
Kenmare Resources reported stable ilmenite prices and strong demand for its products in the first half of 2025, despite anticipating a non-cash impairment charge of up to $125 million due to uncertain long-term pricing. The company maintained its strong safety record and is on track to meet its 2025 production and cost guidance, with upgrades to the Wet Concentrator Plant A and new dredges expected to boost production in the second half of the year.
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 Neutral.
Kenmare Resources’ overall stock score is driven by its solid valuation and positive corporate governance events. However, declining financial performance and bearish technical indicators weigh heavily on the stock’s outlook.
To see Spark’s full report on GB:KMR stock, click here.
More about Kenmare Resources
Kenmare Resources plc is a leading global producer of titanium minerals and zircon, operating the Moma Titanium Minerals Mine in northern Mozambique. The company focuses on the extraction and production of ilmenite, zircon, and rutile, serving a market with consistent demand for these minerals.
Average Trading Volume: 98,606
Technical Sentiment Signal: Sell
Current Market Cap: £289.2M
For an in-depth examination of KMR stock, go to TipRanks’ Overview page.