Kenmare Resources (OTCMKTS:KMRPF) Stock Price Up 0.2% – Still a Buy?

Shares of Kenmare Resources plc (OTCMKTS:KMRPFGet Free Report) rose 0.2% during mid-day trading on Thursday . The company traded as high as $4.15 and last traded at $4.15. Approximately 1,200 shares changed hands during trading, a decline of 68% from the average daily volume of 3,730 shares. The stock had previously closed at $4.14.

Kenmare Resources Stock Performance

The company has a 50 day moving average price of $4.32 and a 200 day moving average price of $4.81.

About Kenmare Resources

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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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