Added to YB: 2026-04-29
Pitch date: 2026-04-24
KMR.L [neutral]
Kenmare Resources plc
+0.43%
current return
Author Info
No bio for this author
Company Info
Kenmare Resources plc, together with its subsidiaries, engages in the production and sale of mineral sand products in China, rest of Asia, Europe, the United States, and internationally.
Market Cap
GBP 277.1M
Pitch Price
GBP 2.30
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.47
P/E
-0.85
EV/Sales
1.32
Sector
Metals and Mining
Category
turnaround
Theodosian Capital | Stocks Update 24/4/2026 - KMR – Q1 production update, positive tone
KMR.L (update): Q1 prod impacted by WCP-A upgrade as planned; drew down inventory to meet shipments. Mgmt more constructive: ilmenite oversupply easing on supply cuts, zircon recovery signs, Q1 ZrTi shipments > all 2025. On track for 2026 guidance. Strong Q2 Ti orderbook, higher Zr pricing. WCP-A nearing nameplate capacity. Implementation Agreement renewal w/ Mozambique govt remains overhang. Trades 3.4x 2028 EPS; IA resolution could catalyst re-rating.
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