0.33%
-5.35%
-15.92%
-7.95%
-4.60%
-30.32%
11.48%
AI Spotlight on KMR
Company Description
Kenmare Resources plc, together with its subsidiaries, produces and sells mineral sand products in China, 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, zircon, and rutile; and concentrates, including secondary zircon and mineral sand concentrates.
As of December 31, 2020, it had a total proved and probable ore reserves of 1,534 million tons.The company was incorporated in 1972 and is headquartered in Dublin, Ireland.
Market Data
| Last Price | 301 |
| Change Percentage | 0.33% |
| Open | 311.5 |
| Previous Close | 300 |
| Market Cap ( Millions) | 269 |
| Volume | 79837 |
| Year High | 374.97 |
| Year Low | 291 |
| M A 50 | 328.16 |
| M A 200 | 333.67 |
Financial Ratios
| FCF Yield | 30.17% |
| Dividend Yield | 17.79% |
| ROE | 7.41% |
| Debt / Equity | 0.12% |
| Net Debt / EBIDTA | -34.08% |
| Price To Book | 0.32 |
| Price Earnings Ratio | 4.26 |
| Price To FCF | 3.31 |
| Price To sales | 0.88 |
| EV / EBITDA | 1.59 |
News
- Jan -30 - Analyst and investor visit to Moma Mine
- Jan -20 - Q4 2024 Production Report and 2025 Guidance
- Dec -27 - Moma update
- Dec -20 - Appointment of Chief Financial Officer
- Dec -19 - Update on Implementation Agreement
- Dec -09 - Moma update
- Oct -17 - Q3 2024 Production Report
- Oct -17 - Fatal incident involving a member of the public
- Sep -18 - Holding(s) in Company
- Aug -19 - Kenmare Resources First Half 2024 Earnings: EPS: US$0.23 (vs US$0.71 in 1H 2023)
- Aug -14 - Half-Yearly Financial Report for the six months to 30 June 2024 and interim dividend
- Aug -13 - Appointment of Managing Director
- Jul -17 - Q2 and H1 2024 Production Report
- Jul -04 - Project Update
- Jun -23 - Kenmare Resources plc (LON:KMR) is definitely on the radar of institutional investors who own 49% of the company
- Jun -03 - Fatality at the Moma Mine
- May -23 - Director/PDMR Shareholding
- May -15 - Director/PDMR Shareholding
- May -10 - Result of AGM
- May -10 - Report on Payments to Governments
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Mozambique
Expected Growth : 6.15 %
What the company do ?
Mozambique is a mineral sands project operated by Kenmare Resources plc, producing ilmenite, rutile, and zircon from its concession in Mozambique.
Why we expect these perspectives ?
Kenmare Resources plc's 6.15% growth in Mozambique is driven by increasing ilmenite prices, rising demand from Chinese steel producers, and the company's successful cost-cutting initiatives. Additionally, the expansion of the Moma Mine's wet concentrator plant and the introduction of a new mining fleet have improved operational efficiency, further contributing to the growth.
Kenmare Resources Plc Products
| Product Range | What is it ? |
|---|---|
| Ilmenite | A titanium-iron oxide mineral used as a raw material in the production of titanium dioxide pigment, titanium metal, and welding rod coatings. |
| Rutile | A titanium dioxide mineral used as a raw material in the production of titanium dioxide pigment, welding rod coatings, and specialized ceramics. |
| Zircon | A mineral used in the production of ceramics, refractories, and foundry applications. |
| Heavy Mineral Concentrate (HMC) | A concentrate of heavy minerals, including ilmenite, rutile, and zircon, used as a raw material in various industrial applications. |
Kenmare Resources plc's Porter Forces
Threat Of Substitutes
The threat of substitutes for Kenmare Resources plc is medium due to the availability of alternative mineral sources and the ability of customers to switch to different suppliers.
Bargaining Power Of Customers
The bargaining power of customers for Kenmare Resources plc is low due to the company's strong market position and the lack of concentration among its customer base.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Kenmare Resources plc is medium due to the presence of multiple suppliers and the company's ability to negotiate prices.
Threat Of New Entrants
The threat of new entrants for Kenmare Resources plc is low due to the high barriers to entry in the mining industry, including the need for significant capital investment and regulatory approvals.
Intensity Of Rivalry
The intensity of rivalry for Kenmare Resources plc is high due to the competitive nature of the mining industry, with multiple players competing for market share and resources.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 4.14% |
| Debt Cost | 6.00% |
| Equity Weight | 95.86% |
| Equity Cost | 6.00% |
| WACC | 6.00% |
| Leverage | 4.32% |
Kenmare Resources plc : Quality Control
Kenmare Resources plc passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CAPD.L | Capital Limited, together with its subsidiaries, provides various drilling solutions to customers in the minerals industry. It offers exploration drilling services, including air core, reverse circulation, diamond core, deep hole … |
| GFM.L | Griffin Mining Limited, a mining and investment company, engages in the mining, exploration, and development of mineral properties. The company primarily explores for zinc, gold, silver, lead, and base and … |
| FAR.TO | Foraco International SA, together with its subsidiaries, provides drilling services worldwide. It operates through two segments: Mining and Water. The company offers its drilling services to the mining and energy … |
| AFM.V | Alphamin Resources Corp., together with its subsidiaries, engages in the extraction, production, and sale of tin concentrates in the Democratic Republic of the Congo. Its flagship property is the Mpama … |
| GSM | Ferroglobe PLC operates in the silicon and specialty metals industry in the United States, Europe, and internationally. It provides silicone chemicals that are used in a range of applications, including … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Kenmare Resources
A-Score
1-Year Total Return ->
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Alphamin Resources
A-Score
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Capital
A-Score
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4
Foraco
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1-Year Total Return ->
5
Griffin Mining
A-Score
1-Year Total Return ->
6
