Kenmare

Q1 production impacted by lightning strike but FY2023 guidance unchanged

  • Apr 12 2023, 07:15 IST/BST
  • Colin Grant
  • Company Report
  • 6 page(s)
  • Sectors : Resource
  • Companies : Kenmare

Ratings and price correct at time of issue.

  • Kenmare

    Closing Price: 485.5p

  • RATING 03/08/16

  • PREVIOUS RATING 07/12/15

    UNDER REVIEW

Person's Name

Colin Grant

Analyst

DAVY VIEW

As previously indicated, Kenmare’s production for Q1 2023 was impacted by a severe lightning strike. FY2023 guidance is unchanged and will be towards the lower end of the range. The price of ilmenite has seen some minor increases over the last few weeks, while the price of zircon stabilised in Q1.

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Apr 12 2023, 07:15 IST/BST

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