Added to YB: 2024-07-03
Pitch date: 2024-07-01
KMRPF [bullish]
Kenmare Resources plc
-22.16%
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 4.22
Price Target
7.32 (+123%)
Dividend
7.84%
EV/EBITDA
2.77
P/E
-6.08
EV/Sales
0.94
Sector
Metals and Mining
Category
dividend
A Titanium Opportunity - Kenmare Resources plc
KMRPF: Leading titanium/zircon producer, 7% global supply. 100+ year Moma Mine, low-cost ops. Strong financials: 2.9x P/E, 13.8% div yield, 23.4% 3yr rev CAGR. $7.32 analyst PT (127% upside). Risks: commodity volatility, CEO transition. Tailwinds: growing demand, limited supply. Undervalued at 3x earnings, potential 2-3x return.
Read full article (5 min)