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Kenmare Resources plc (KMRPF) Q2 2026 Earnings Call Transcript
Kenmare Resources LON: KMR reported lower first-half revenue and a loss after tax as weaker titanium minerals prices outweighed higher shipments and a reduction in cash operating costs.
Kenmare Resources LON: KMR said first-half shipments were ahead of the run rate needed to meet its full-year guidance, as the miner focused on converting elevated finished goods inventory into cash amid weaker mineral sands pricing.
Kenmare Resources plc (LSE:KMR) told investors it expects production to improve in the second half, as first-half production proved weaker-than-expected amidst commissioning at its upgraded Wet Concentrator Plant A. The small-cap miner forecasts 2026 ilmenite output of around 800,000 tonnes.
Shares of Kenmare Resources plc (OTCMKTS:KMRPF - Get Free Report) were up 1.8% during mid-day trading on Tuesday. The stock traded as high as $3.12 and last traded at $3.12. Approximately 6,001 shares changed hands during mid-day trading, an increase of 88% from the average daily volume of 3,189 shares. The stock had previously
Kenmare Resources plc (OTCMKTS:KMRPF - Get Free Report)'s stock price traded up 0.3% during mid-day trading on Monday. The company traded as high as $3.50 and last traded at $3.50. 2,000 shares were traded during mid-day trading, a decline of 41% from the average session volume of 3,382 shares. The stock had previously closed
Kenmare Resources said takeover talks with Oryx Global Partners and founder Michael Carvill have ended.
FORM 8.1(a) & (b) (Opening Position Disclosure) IRISH TAKEOVER PANEL OPENING POSITION DISCLOSURE UNDER RULE 8.1(a) AND (b) OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2022 BY AN OFFEROR OR AN OFFEREE 1. KEY INFORMATION (a) Full name of discloser: Kenmare Resources plc (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient.
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