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Added to YB: 2024-08-22

Pitch date: 2024-08-20

KMR.L [neutral]

Kenmare Resources plc

-21.32%

current return

Author Info

Company Info

Kenmare Resources plc, together with its subsidiaries, engages in the production and sale of mineral sand products in China, rest of Asia, Europe, the United States, and internationally.

Market Cap

GBP 307.1M

Pitch Price

GBP 3.16

Price Target

N/A

Dividend

7.84%

EV/EBITDA

2.77

P/E

-6.08

EV/Sales

0.94

Sector

Metals and Mining

Category

value

Show full summary:
Kenmare Resources plc - $KMR.L

KMR.L: Titanium producer, 7% global supply, 100+ year mine life. 3x EV/FCF, high margins & dividends. Capex 2024-25 for growth. Cheap vs peers like Alphamin. Risks: Mozambique jurisdiction. Titanium deficit bullish. Management shareholder-friendly. Attractive despite location concerns.

Read full article (2 min)