Kenmare Resources (OTCMKTS:KMRPF) Trading 0.7% Higher – Time to Buy?

Kenmare Resources plc (OTCMKTS:KMRPFGet Free Report)’s share price shot up 0.7% on Thursday . The company traded as high as $4.16 and last traded at $4.16. 109 shares were traded during mid-day trading, a decline of 96% from the average session volume of 2,531 shares. The stock had previously closed at $4.13.

Kenmare Resources Stock Performance

The business’s fifty day moving average price is $4.34 and its 200-day moving average price is $4.31.

Kenmare Resources Company Profile

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Kenmare Resources plc, together with its subsidiaries, engages in the production and sale of mineral sand products in China, the rest of Asia, Europe, the United States, and internationally. It operates the Moma Titanium Minerals Mine located on the northeast coast of Mozambique. The company's products include ilmenite, rutile, and zircon; monazite; and concentrates, including secondary zircon and mineral sand concentrates.

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