Kenmare Resources plc (OTCMKTS:KMRPF – Get Free Report) rose 0.9% on Friday . The stock traded as high as $3.51 and last traded at $3.51. Approximately 1,800 shares were traded during trading, an increase of 26% from the average daily volume of 1,425 shares. The stock had previously closed at $3.48.
Kenmare Resources Price Performance
The business has a 50-day moving average of $3.42 and a 200-day moving average of $3.83.
About Kenmare Resources
Kenmare Resources plc is an Ireland‐based mining company primarily engaged in the extraction and processing of titanium‐bearing minerals. The company operates the Moma Titanium Minerals Mine in northern Mozambique, which is one of the largest rutile and rare earth‐bearing mineral sands deposits globally. Kenmare’s primary products include high‐grade ilmenite, rutile, and zircon, which are used as feedstocks for pigment, welding, foundry, ceramics, and refractory markets.
Kenmare began commercial production at the Moma operation in the mid‐2000s and has since developed an integrated supply chain that includes a mineral separation plant at the port of Nacala, a purpose‐built rail link, and modern shipping facilities.
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