TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
An announcement from Kenmare Resources ( (GB:KMR) ) is now available.
Kenmare Resources Plc has announced a change in its voting rights structure due to an acquisition by Aegis Financial Corporation, a US-based investment management company. The acquisition has increased Aegis Financial Corporation’s voting rights in Kenmare Resources to 6.01%, up from 5.31%, potentially impacting the company’s governance and stakeholder dynamics.
The most recent analyst rating on (GB:KMR) stock is a Hold with a £420.00 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
Average Trading Volume: 102,993
Technical Sentiment Signal: Sell
Current Market Cap: £288.3M
Find detailed analytics on KMR stock on TipRanks’ Stock Analysis page.