Added to YB: 2024-08-22
Pitch date: 2024-08-20
KMR.L [neutral]
Kenmare Resources plc
-26.23%
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, Europe, rest of Asia, Saudi Arabia, the United States, and internationally.
Market Cap
GBP 266.3M
Pitch Price
GBP 3.16
Price Target
N/A
Dividend
N/A
EV/EBITDA
29.09
P/E
-1.00
EV/Sales
1.42
Sector
Metals and Mining
Category
value
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.
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