Kenmare Resources (OTCMKTS:KMRPF) Shares Up 1.1% – Time to Buy?

Kenmare Resources plc (OTCMKTS:KMRPFGet Free Report) shares were up 1.1% during mid-day trading on Wednesday . The stock traded as high as $4.55 and last traded at $4.55. Approximately 1,100 shares changed hands during mid-day trading, a decline of 56% from the average daily volume of 2,506 shares. The stock had previously closed at $4.50.

Kenmare Resources Stock Up 1.1 %

The firm’s fifty day moving average is $4.44 and its 200-day moving average is $4.29.

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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