Kenmare Resources plc (OTCMKTS:KMRPF – Get Free Report) saw a significant increase in short interest in October. As of October 15th, there was short interest totaling 122 shares. Based on an average daily trading volume, of 486 shares, the days-to-cover ratio is presently 0.3 days.
Kenmare Resources Stock Performance
OTCMKTS KMRPF remained flat at $3.20 on Friday. The company’s 50 day simple moving average is $2.73 and its 200 day simple moving average is $2.97. Kenmare Resources has a 52-week low of $2.47 and a 52-week high of $4.49.
Kenmare Resources Company Profile
Kenmare Resources plc is an Ireland-based mining company focused on the exploration, development and operation of mineral-sands assets. Its principal operation is the Moma Titanium Minerals Mine in northern Mozambique, one of the world’s significant sources of titanium minerals.
The Moma mine produces ilmenite, rutile and zircon, which are used in products such as titanium dioxide pigment, welding electrodes, ceramics and foundry materials. The operation includes mining, mineral separation and processing facilities, as well as port infrastructure for exporting its products to international customers.
Kenmare acquired the Moma project in the late 1980s and began commercial production in the 2000s.
See Also
- Five stocks we like better than Kenmare Resources
- Starbucks Says Its Turnaround Is Done—The Numbers Make a Strong Case (With 1 Catch)
- 3 Robotics ETFs, 3 Different Ways to Bet on Humanoid Robots
- Can Microsoft Turn a Leaner Workforce and Record AI Spending Into Bigger Profits?
- Why JFrog Could Be the Software Infrastructure Company to Beat in the AI Boom
Receive News & Ratings for Kenmare Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kenmare Resources and related companies with MarketBeat.com's FREE daily email newsletter.
