Added to YB: 2026-06-29
Pitch date: 2026-06-25
KMR.L [neutral]
Kenmare Resources plc
Author Info
No bio for this author
Company Info
Kenmare Resources plc, together with its subsidiaries, engages in the production and sale of mineral sand products in China, Europe, rest of Asia, Saudi Arabia, the United States, and internationally.
Market Cap
GBP 213.2M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
6.37
P/E
-0.66
EV/Sales
1.13
Sector
Metals and Mining
Category
special_situation
Theodosian Capital | Stocks Update 25/6/2026 - KMR – Signalling effects
KMR.L (update): Upsized RCF to $230m from $200m for 12mo; net debt/EBITDA & interest covenants waived for 2026, signaling weak year ahead. But local African lender support (Absa, Nedbank, FirstRand, Standard Bank) may imply confidence as KMR renegotiates Mozambique Implementation Agreement. Trades <4x consensus 2028 EPS.
Read full article (1 min)