Kenmare

Q4 production and guidance update

  • Sectors : Resource
  • Companies : Kenmare

Ratings and price correct at time of issue.

  • Kenmare

    Closing Price: 380.0p

  • RATING 03/08/16

  • PREVIOUS RATING 07/12/15

    UNDER REVIEW

Person's Name

Colin Grant

Analyst

DAVY VIEW

Kenmare’s Q4 2020 production and shipment volumes were both positive and 2021 volume guidance is slightly above our forecasts. The contribution from mining the Pilivili ore zone contributed to high grades in Q4 and ilmenite prices have increased materially. Our forecasts are under review and we will be making upgrades.

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Jan 13 2021, 07:15 GMT

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