Kenmare Resources (LON:KMR) Shares Climb 21.3% – Should You Buy?

Posted by Donald Scott on Oct 8th, 2026

Kenmare Resources plc (LON:KMR – Get Free Report) rose 21.3% on Tuesday. The stock traded as high as GBX 262 and last traded at GBX 220. 791,217 shares traded hands during trading, an increase of 52% from the average session volume of 518,947 shares. The stock had previously closed at GBX 181.40.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank dropped their price objective on shares of Kenmare Resources from GBX 220 to GBX 210 and set a “hold” rating on the stock in a research note on Thursday, August 20th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 347.50.

Get Our Latest Analysis on Kenmare Resources

Kenmare Resources Stock Up 0.2%

The company has a quick ratio of 1.22, a current ratio of 3.07 and a debt-to-equity ratio of 26.20. The stock has a market capitalization of £202.10 million, a PE ratio of -0.77, a PEG ratio of 0.03 and a beta of 0.67. The firm’s fifty day moving average is GBX 193.47 and its 200-day moving average is GBX 204.32.