View ValuationKenmare Resources 将来の成長Future 基準チェック /46Kenmare Resources利益と収益がそれぞれ年間115.6%と9.3%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に9.5% 115.7%なると予測されています。主要情報115.6%収益成長率115.66%EPS成長率Metals and Mining 収益成長18.2%収益成長率9.3%将来の株主資本利益率9.45%アナリストカバレッジLow最終更新日20 May 2026今後の成長に関する最新情報お知らせ • Mar 26Kenmare Resources plc Provides Production Guidance for the Year 2026Kenmare Resources plc provided production guidance for the year 2026. The company announced production guidance for 2026 is lower than in recent years, while market conditions remain subdued. Ilmenite production in 2026 is expected to be in excess of 800,000 tonnes, in line with the company's plan to prioritise value over volume while markets are depressed. Shipments should not be impacted by lower production levels as the company will draw down its relatively high levels of inventory.お知らせ • Jan 21Kenmare Resources plc Provides Production Guidance for the Year 2026Kenmare Resources plc provided production guidance for the year 2026. For the year, the company expects ilmenite production in excess of 800,000 tonnes, primary zircon production in excess of 41,000 tonnes, and rutile output in excess of 7,500 tonnes. The company also expects concentrates production to exceed 81,000 tonnes.お知らせ • Nov 19+ 1 more updateKenmare Resources plc Updates Production Guidance for the Year 2025Kenmare Resources plc updated production guidance for the year 2025. For the year, the company now expects production of ilmenite production to be 870,000 tonnes to 905,000 tonnes and rutile production to be 8,500 tonnes to 9,500 tonnes as compared to ilmenite production of 930,000 tonnes -1,050,000 tonnes and rutile production to be 9,000 tonnes -10,000 tonnes. The Primary zircon production is unchanged which is 47,500 tonnes - 54,000 tonnes and Concentrates production is also unchanged which is 63,000 tonnes -69,000 tonnes.お知らせ • Jul 18Kenmare Resources plc Provides Production Guidance for the Second Half of 2024Kenmare Resources plc provided production guidance for the second half of 2024. The company continues to expect production to increase in second half of 2024, supported by higher forecast ore grades.お知らせ • Jan 17+ 1 more updateKenmare Resources plc Provides Production Guidance for the Year of 2024Kenmare Resources plc provided production guidance for the year of 2024. For the year, company expects production of Ilmenite 950,000 tonnes -1,050,000 tonnes, Primary zircon of 45,000 tonnes-50,000 tonnes, Rutile of 8,000 tonnes -9,000 tonnes and Concentrates of 37,000 tonnes -41,000 tonnes.お知らせ • Jul 13Kenmare Resources plc Updates Production Guidance for the Fiscal Year 2023Kenmare Resources plc updated production guidance for the fiscal year 2023. For the period, the company expects Ilmenite production of 980,000 tonnes – 1,040,000 tonnes against previous guidance of 1,050,000 tonnes – 1,150,000 tonnes.すべての更新を表示Recent updatesお知らせ • May 15Kenmare Resources plc to Report First Half, 2026 Results on Aug 19, 2026Kenmare Resources plc announced that they will report first half, 2026 results on Aug 19, 2026お知らせ • Apr 14Kenmare Resources plc, Annual General Meeting, May 07, 2026Kenmare Resources plc, Annual General Meeting, May 07, 2026. Location: the merrion hotel, upper merrion street, dublin 2, IrelandReported Earnings • Mar 26Full year 2025 earnings released: US$3.64 loss per share (vs US$0.73 profit in FY 2024)Full year 2025 results: US$3.64 loss per share (down from US$0.73 profit in FY 2024). Revenue: US$328.6m (down 21% from FY 2024). Net loss: US$325.0m (down US$389.9m from profit in FY 2024). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.お知らせ • Mar 26Kenmare Resources plc Provides Production Guidance for the Year 2026Kenmare Resources plc provided production guidance for the year 2026. The company announced production guidance for 2026 is lower than in recent years, while market conditions remain subdued. Ilmenite production in 2026 is expected to be in excess of 800,000 tonnes, in line with the company's plan to prioritise value over volume while markets are depressed. Shipments should not be impacted by lower production levels as the company will draw down its relatively high levels of inventory.New Risk • Mar 25New major risk - Revenue and earnings growthEarnings have declined by 7.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (6.3% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 7.6% per year over the past 5 years.Board Change • Feb 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 1 highly experienced director. Independent Non-Executive Director Katia Ray was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Jan 30Kenmare Resources plc Announces Changes to Committee Composition Effective January 31, 2026Kenmare Resources plc announced that, effective January 31, 2026, Clever Fonseca will cease to be a member of the Audit & Risk Committee and will become a member of the Nomination Committee, and Katia Ray will become a member of the Audit & Risk Committee. These changes are in addition to those announced by the Company on October 29, 2025.お知らせ • Jan 22Kenmare Resources plc to Report Fiscal Year 2025 Results on Mar 25, 2026Kenmare Resources plc announced that they will report fiscal year 2025 results at 8:00 AM, GMT Standard Time on Mar 25, 2026お知らせ • Jan 21Kenmare Resources plc Provides Production Guidance for the Year 2026Kenmare Resources plc provided production guidance for the year 2026. For the year, the company expects ilmenite production in excess of 800,000 tonnes, primary zircon production in excess of 41,000 tonnes, and rutile output in excess of 7,500 tonnes. The company also expects concentrates production to exceed 81,000 tonnes.お知らせ • Nov 19+ 1 more updateKenmare Resources plc Updates Production Guidance for the Year 2025Kenmare Resources plc updated production guidance for the year 2025. For the year, the company now expects production of ilmenite production to be 870,000 tonnes to 905,000 tonnes and rutile production to be 8,500 tonnes to 9,500 tonnes as compared to ilmenite production of 930,000 tonnes -1,050,000 tonnes and rutile production to be 9,000 tonnes -10,000 tonnes. The Primary zircon production is unchanged which is 47,500 tonnes - 54,000 tonnes and Concentrates production is also unchanged which is 63,000 tonnes -69,000 tonnes.お知らせ • Oct 30Kenmare Resources plc Announces Board and Committee ChangesKenmare Resources plc announced the appointment of Ekaterina (Katia) Ray as an independent Non-Executive Director and member of the Remuneration Committee, with immediate effect on October 29, 2025. The Company also announces other changes to its Board of Directors. Katia has over 25 years’ senior-level experience in the mining sector, including with FTSE 100 companies in Europe, Africa, North America and Asia. She has worked in a number of different commodities including industrial minerals, diamonds and platinum group metals. During her 15 years with Rio Tinto plc from 1993 to 2008, she held various senior positions in sales and marketing, business development and change management, and more recently she worked in business development for Anglo American plc. Katia founded her own consultancy, KPNB Limited, in 2009, advising multinational corporations, private equity firms and information providers on strategy, M&A, change management and market entry. She was also a Non-Executive Director of Petropavlovsk plc from 2019 to 2020. She holds a Master of Science Chemical Engineering degree (British equivalent) from the University of Chemical Technology, Moscow. Katia has had a number of voluntary roles, such as a Governor and a Nominations Committee member at the Royal Surrey County Hospital NHS Trust from 2018 to 2023 and a Business Advisor for Young Enterprise UK from 2018 to 2020.Graham Martin is retiring as a Director of Kenmare, with effect from 31 January 2026, having completed nine years on the Board. In light of Graham’s departure, the following changes will be made to Directors' responsibilities, which will take effect at that time:Elaine Dorward-King will become the Senior Independent Director,Katia Ray will become Chair of the Remuneration Committee,Deirdre Somers will become Chair of the Nomination Committee.Board Change • Oct 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. Non-Executive Director Issa Al Balushi was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Sep 11Upcoming dividend of US$0.10 per shareEligible shareholders must have bought the stock before 18 September 2025. Payment date: 14 October 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 7.4%. Within top quartile of Irish dividend payers (4.4%). Higher than average of industry peers (3.6%).Reported Earnings • Aug 25First half 2025 earnings released: US$1.06 loss per share (vs US$0.23 profit in 1H 2024)First half 2025 results: US$1.06 loss per share (down from US$0.23 profit in 1H 2024). Revenue: US$167.7m (up 1.6% from 1H 2024). Net loss: US$94.2m (down US$115.1m from profit in 1H 2024). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.New Risk • Aug 21New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 7.6% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.5% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows.お知らせ • Aug 21+ 1 more updateKenmare Resources plc Approves Interim Dividend for 2025, Payable on October 14, 2025Kenmare Resources plc announced that the Board has approved an interim 2025 dividend of 10 US cents per share (H1 2024: US cents 15). The financial statements do not reflect this interim dividend. The Company will pay the interim dividend on 14 October 2025 to shareholders of record at the close of business on 19 September 2025. Ex-Dividend Date is 18 September 2025.New Risk • Jul 21New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.4% average weekly change). Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (394% cash payout ratio). Profit margins are more than 30% lower than last year (16% net profit margin).お知らせ • Jun 27Kenmare Resources plc to Report First Half, 2025 Results on Aug 20, 2025Kenmare Resources plc announced that they will report first half, 2025 results on Aug 20, 2025Valuation Update With 7 Day Price Move • Jun 19Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to €3.66, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 10x in the Metals and Mining industry in Europe. Total loss to shareholders of 1.1% over the past three years.お知らせ • Mar 27Kenmare Resources plc, Annual General Meeting, May 15, 2025Kenmare Resources plc, Annual General Meeting, May 15, 2025.Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 37%After last week's 37% share price gain to €4.90, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Metals and Mining industry in Europe. Total returns to shareholders of 21% over the past three years.New Risk • Jan 27New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (5.1% average weekly change). Profit margins are more than 30% lower than last year (22% net profit margin).お知らせ • Jan 20Kenmare Resources plc to Report Fiscal Year 2024 Results on Mar 26, 2025Kenmare Resources plc announced that they will report fiscal year 2024 results on Mar 26, 2025Upcoming Dividend • Sep 12Upcoming dividend of US$0.15 per shareEligible shareholders must have bought the stock before 19 September 2024. Payment date: 11 October 2024. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 13%. Within top quartile of Irish dividend payers (5.6%). Higher than average of industry peers (4.5%).Reported Earnings • Aug 18First half 2024 earnings released: EPS: US$0.23 (vs US$0.71 in 1H 2023)First half 2024 results: EPS: US$0.23 (down from US$0.71 in 1H 2023). Revenue: US$165.1m (down 32% from 1H 2023). Net income: US$20.9m (down 69% from 1H 2023). Profit margin: 13% (down from 28% in 1H 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Declared Dividend • Aug 16First half dividend of US$0.15 announcedShareholders will receive a dividend of US$0.15. Ex-date: 19th September 2024 Payment date: 11th October 2024 Dividend yield will be 13%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 60% per year over the past 5 years and payments have been stable during that time. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend.お知らせ • Aug 14Kenmare Resources plc Approves an Interim 2024 Dividend, Payable on 11 October 2024The Board of Kenmare Resources plc has approved an interim 2024 dividend of 15 US cents per share (H1 2023: 17.5 US cents). The company is targeting a full year dividend towards the upper end of the 20-40% profit after tax payout range. The financial statements do not reflect this interim dividend. The company will pay the interim dividend on 11 October 2024 to shareholders of record at the close of business on 20 September 2024. Ex-Dividend Date is 19 September 2024.お知らせ • Aug 13+ 1 more updateKenmare Resources plc Announces Managing Director ChangesKenmare Resources plc announced that Tom Hickey, Finance Director, has been appointed as Managing Director, effective 15 August 2024. Tom will continue in his role as an Executive Director on Kenmare’s Board. He succeeds Michael Carvill, who will step down as Managing Director and from the Board on 14 August 2024, after 38 years in the role. Kenmare will now undertake a limited process to identify Tom’s successor as Chief Financial Officer. Further updates will be provided in due course. Tom joined Kenmare in September 2022 as Finance Director. Since then, he has led the refinancing of the Company’s previous debt facilities with a $200 million Revolving Credit Facility, which provides additional financial flexibility for Kenmare during the upgrade and transition of Wet Concentrator Plant A to Nataka. He has also taken a central role in the negotiations with the Government of Mozambique relating to the renewal of the Company’s Implementation Agreement, which governs the Industrial Free Zone forming part of the Moma Mine. Tom has 24 years’ experience as an Executive and Non-Executive Director of various public companies, including eight years as Chief Financial Officer of the African and South American-focused oil and gas producer Tullow Oil plc (“Tullow”) from 2000 to 2008. During this time, he developed and implemented the financial strategy that saw Tullow grow from a micro-cap company to a FTSE 100 business valued at $15 billion. He was central to the success of major acquisitions and debt and equity fundings, as well as responsible for capital allocation of an annual budget of over $700 million. Tom also held senior financial roles with the oil and gas exploration company Petroceltic International plc between 2010 and 2016, including latterly as Chief Financial Officer. Tom has strong Board-level experience, having previously served as an Independent Non-Executive Director with United Oil & Gas plc and Petroneft Resources plc. Tom has a Bachelor of Commerce degree and a Diploma in Professional Accounting, both from University College Dublin, and he is a Fellow of the Irish Institute of Chartered Accountants.お知らせ • Jul 18Kenmare Resources plc Provides Production Guidance for the Second Half of 2024Kenmare Resources plc provided production guidance for the second half of 2024. The company continues to expect production to increase in second half of 2024, supported by higher forecast ore grades.お知らせ • May 11Kenmare Resources plc Approves Final DividendKenmare Resources plc at its Annual General Meeting held on 10 May 2024, approved to declare a final dividend of 38.54 US cents per share.Upcoming Dividend • Apr 05Upcoming dividend of US$0.39 per shareEligible shareholders must have bought the stock before 11 April 2024. Payment date: 17 May 2024. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 13%. Within top quartile of Irish dividend payers (5.4%). Higher than average of industry peers (4.0%).Declared Dividend • Mar 22Final dividend of US$0.39 announcedShareholders will receive a dividend of US$0.39. Ex-date: 11th April 2024 Payment date: 17th May 2024 Dividend yield will be 16%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by both earnings (40% earnings payout ratio) and cash flows (58% cash payout ratio). The dividend has increased by an average of 60% per year over the past 5 years and payments have been stable during that time. EPS is expected to decline by 41% over the next 2 years. However, it would need to fall by 56% to increase the payout ratio to a potentially unsustainable range.Reported Earnings • Mar 20Full year 2023 earnings released: EPS: US$1.41 (vs US$2.17 in FY 2022)Full year 2023 results: EPS: US$1.41 (down from US$2.17 in FY 2022). Revenue: US$458.5m (down 13% from FY 2022). Net income: US$131.0m (down 36% from FY 2022). Profit margin: 29% (down from 39% in FY 2022). The decrease in margin was primarily driven by lower revenue. Revenue is expected to decline by 1.2% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to grow by 1.1%. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.お知らせ • Mar 16Michael Carvill to Step Down as Managing Director of Kenmare Resources plcKenmare Resources plc announced that Michael Carvill will step down as Managing Director and from the Board later this year. Subject to re-appointment at the Company’s Annual General Meeting on 10 May 2024, it is expected that Michael will remain on the Board and in his executive role until the Company’s Interim Results in August. Following this, and to support an orderly transition process, Michael will continue to be available to the Company in a consultancy capacity until at least the end of 2024. As part of the Company's succession planning, Kenmare’s Nomination Committee has commenced a process to find Michael’s successor and will consider both internal and external candidates. The result of this process will be announced in due course. Michael founded Kenmare in 1987 and under his leadership, Kenmare has evolved into one of the world’s largest producers of titanium minerals.お知らせ • Mar 15+ 1 more updateKenmare Resources plc, Annual General Meeting, May 10, 2024Kenmare Resources plc, Annual General Meeting, May 10, 2024. Agenda: To consider the reappointment of directors.Buy Or Sell Opportunity • Jan 26Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 22% to €3.60. The fair value is estimated to be €4.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 71%. For the next 3 years, revenue is forecast to decline by 10% per annum. Earnings are also forecast to decline by 37% per annum over the same time period.お知らせ • Jan 17+ 1 more updateKenmare Resources plc Provides Production Guidance for the Year of 2024Kenmare Resources plc provided production guidance for the year of 2024. For the year, company expects production of Ilmenite 950,000 tonnes -1,050,000 tonnes, Primary zircon of 45,000 tonnes-50,000 tonnes, Rutile of 8,000 tonnes -9,000 tonnes and Concentrates of 37,000 tonnes -41,000 tonnes.New Risk • Dec 18New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 38% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 38% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.1% average weekly change).お知らせ • Oct 05Kenmare Resources plc to Report Q3, 2023 Results on Oct 12, 2023Kenmare Resources plc announced that they will report Q3, 2023 results on Oct 12, 2023Upcoming Dividend • Sep 14Upcoming dividend of US$0.17 per share at 11% yieldEligible shareholders must have bought the stock before 21 September 2023. Payment date: 13 October 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 11%. Within top quartile of Irish dividend payers (5.0%). Higher than average of industry peers (8.8%).Reported Earnings • Aug 20First half 2023 earnings released: EPS: US$0.71 (vs US$0.66 in 1H 2022)First half 2023 results: EPS: US$0.71 (up from US$0.66 in 1H 2022). Revenue: US$242.9m (up 23% from 1H 2022). Net income: US$67.8m (up 8.4% from 1H 2022). Profit margin: 28% (down from 32% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 6.2% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 14Kenmare Resources plc to Report First Half, 2023 Results on Aug 15, 2023Kenmare Resources plc announced that they will report first half, 2023 results on Aug 15, 2023お知らせ • Jul 13Kenmare Resources plc Updates Production Guidance for the Fiscal Year 2023Kenmare Resources plc updated production guidance for the fiscal year 2023. For the period, the company expects Ilmenite production of 980,000 tonnes – 1,040,000 tonnes against previous guidance of 1,050,000 tonnes – 1,150,000 tonnes.お知らせ • Jul 04Kenmare Resources plc Appoints Mette Dobel on Remuneration Committee with Effect from 1 September 2023Kenmare Resources plc announced that Mette Dobel will join the Company’s Remuneration Committee with effect from 1 September 2023.お知らせ • May 12Kenmare Resources plc Approves Final DividendKenmare Resources plc announced that at its AGM held on 11 May 2023, the shareholders approved final dividend of 43.33 US cents per share.お知らせ • May 11Kenmare Resources plc Announces Board ChangesKenmare Resources plc announced that the Company’s Board of Directors has designated Mette Dobel, in place of Graham Martin, as the Non-Executive Director with responsibility for engagement with the workforce. This change takes effect immediately.Upcoming Dividend • Apr 06Upcoming dividend of US$0.43 per share at 9.4% yieldEligible shareholders must have bought the stock before 13 April 2023. Payment date: 19 May 2023. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 9.4%. Within top quartile of Irish dividend payers (4.5%). Higher than average of industry peers (8.5%).Reported Earnings • Mar 22Full year 2022 earnings released: EPS: US$2.17 (vs US$1.18 in FY 2021)Full year 2022 results: EPS: US$2.17 (up from US$1.18 in FY 2021). Revenue: US$526.0m (up 15% from FY 2021). Net income: US$206.0m (up 60% from FY 2021). Profit margin: 39% (up from 28% in FY 2021). The increase in margin was primarily driven by higher revenue. Revenue is forecast to decline by 9.3% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.Board Change • Feb 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non-Executive Director Issa Al Balushi was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Jan 28Kenmare Resources plc Appoints Issa Al Balushi as Non-Executive DirectorKenmare Resources plc announced that Issa Al Balushi has been appointed as Non-Executive Director with immediate effect. Mr. Issa Al Balushi was nominated as a Non-Executive Director by African Acquisitions Sarl. The appointment was in accordance with the Subscription and Relationship Agreement entered into on 18 June 2016 by AAS and Kenmare. Issa is a Manager in Economic Diversification Investments at OIA. He has more than 10 years of experience in the financial industry and has worked as a portfolio manager for several OIA assets nationally and internationally. Previously he worked at the Central Bank of Oman as a bank examiner and at EY in Oman as a Financial Analyst. He is a director of several private companies owned by OIA or state-owned enterprises but is not a director of any publicly-quoted companies. Al Balushi holds a Master’s degree in Financial Analysis from UNSW, Sydney and a Bachelor of Science, Finance from SQU, Muscat.お知らせ • Jan 18+ 1 more updateKenmare Resources plc Provides Production Guidance for the Fiscal Year 2023Kenmare Resources plc provided production guidance for the fiscal year 2023. For the period, the company expects Ilmenite production of 1,050,000 – 1,150,000 tonnes. Rutile of 8,000 – 9,000 tonnes. Concentrates of 37,000 – 41,000 tonnes.Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Financial Director & Director Tom Hickey was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to €4.06, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 4x in the Metals and Mining industry in Europe. Total returns to shareholders of 75% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.97 per share.Upcoming Dividend • Sep 15Upcoming dividend of US$0.11 per shareEligible shareholders must have bought the stock before 22 September 2022. Payment date: 21 October 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 7.2%. Within top quartile of Irish dividend payers (4.0%). Lower than average of industry peers (10%).Buying Opportunity • Sep 07Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be €6.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 55%. Revenue is forecast to decline by 6.6% in 2 years. Earnings is forecast to decline by 2.0% in the next 2 years.Reported Earnings • Aug 18First half 2022 earnings released: EPS: US$0.66 (vs US$0.44 in 1H 2021)First half 2022 results: EPS: US$0.66 (up from US$0.44 in 1H 2021). Revenue: US$197.3m (up 11% from 1H 2021). Net income: US$62.5m (up 30% from 1H 2021). Profit margin: 32% (up from 27% in 1H 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 4.0%, compared to a 21% growth forecast for the Metals and Mining industry in Ireland. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Mette Dobel was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Apr 21Upcoming dividend of US$0.25 per shareEligible shareholders must have bought the stock before 28 April 2022. Payment date: 01 June 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of Irish dividend payers (3.3%). Lower than average of industry peers (7.8%).Board Change • Feb 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non-Executive Director Mette Dobel was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Sep 16Upcoming dividend of US$0.073 per shareEligible shareholders must have bought the stock before 23 September 2021. Payment date: 22 October 2021. Trailing yield: 2.5%. Lower than top quartile of Irish dividend payers (4.3%). Lower than average of industry peers (6.6%).Recent Insider Transactions • Sep 12MD & Executive Director recently sold €100k worth of stockOn the 9th of September, Michael Carvill sold around 20k shares on-market at roughly €4.98 per share. This was the largest sale by an insider in the last 3 months. Michael has been a seller over the last 12 months, reducing personal holdings by €45k.Reported Earnings • Aug 22First half 2021 earnings released: EPS US$0.44 (vs US$0.12 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: US$178.2m (up 53% from 1H 2020). Net income: US$48.0m (up 280% from 1H 2020). Profit margin: 27% (up from 11% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.Executive Departure • May 21Independent Non-Executive Director has left the companyOn the 13th of May, Gabriel Smith's tenure as Independent Non-Executive Director ended after 8.2 years in the role. As of March 2021, Gabriel personally held 30.08k shares (€142k worth at the time). A total of 2 executives have left over the last 12 months.Upcoming Dividend • Apr 08Upcoming dividend of US$0.077 per shareEligible shareholders must have bought the stock before 15 April 2021. Payment date: 19 May 2021. Trailing yield: 1.8%. Lower than top quartile of Irish dividend payers (4.3%). Lower than average of industry peers (4.6%).Recent Insider Transactions • Mar 28Independent Non-Executive Director recently bought €73k worth of stockOn the 24th of March, Alan Martin bought around 16k shares on-market at roughly €4.61 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €491k more in shares than they have sold in the last 12 months.Reported Earnings • Mar 25Full year 2020 earnings released: EPS US$0.15 (vs US$0.41 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$243.7m (down 10.0% from FY 2019). Net income: US$16.7m (down 63% from FY 2019). Profit margin: 6.9% (down from 17% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.Executive Departure • Mar 18Non-Executive Director has left the companyOn the 17th of March, Timothy Keating's tenure as Non-Executive Director ended after 4.4 years in the role. We don't have any record of a personal shareholding under Timothy's name. A total of 2 executives have left over the last 12 months.Is New 90 Day High Low • Feb 20New 90-day high: €4.71The company is up 43% from its price of €3.30 on 19 November 2020. The Irish market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 29% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.32 per share.Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improved over the past weekAfter last week's 19% share price gain to US$3.87, the stock is trading at a trailing P/E ratio of 13.9x, up from the previous P/E ratio of 11.7x. This compares to an average P/E of 15x in the Metals and Mining industry in Europe. Total returns to shareholders over the past three years are 32%.Is New 90 Day High Low • Jan 06New 90-day high: €3.87The company is up 38% from its price of €2.80 on 07 October 2020. The Irish market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 29% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.20 per share.お知らせ • Jul 17Kenmare Resources plc to Report First Half, 2020 Results on Aug 19, 2020Kenmare Resources plc announced that they will report first half, 2020 results on Aug 19, 2020業績と収益の成長予測ISE:KMR - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20284314867120512/31/2027332-81059512/31/2026325-33576512/31/2025329-325-103102N/A9/30/2025373-188-108104N/A6/30/2025417-50-113106N/A3/31/20254167-53133N/A12/31/2024415657160N/A9/30/20243987454178N/A6/30/202438184101196N/A3/31/202442010894175N/A12/31/202345813187153N/A9/30/2023515171127188N/A6/30/2023572211167223N/A3/31/2023549209158216N/A12/31/2022526206149209N/A9/30/2022500175140196N/A6/30/2022475143131183N/A3/31/2022465136109166N/A12/31/202145612987148N/A9/30/20213819040126N/A6/30/202130552-8103N/A3/31/202127434-3887N/A12/31/202024417-6871N/A9/30/202025426-5369N/A6/30/202026536-3767N/A3/31/202026840-1371N/A12/31/2019271451276N/A9/30/201925846N/A69N/A6/30/201924546N/A61N/A3/31/201925349N/A74N/A12/31/201826251N/A87N/A9/30/201825444N/A73N/A6/30/201824636N/A59N/A3/31/201822728N/A49N/A12/31/201720819N/A39N/A9/30/201719830N/A22N/A6/30/201718841N/A4N/A3/31/201716513N/A-1N/A12/31/2016141-15N/A-6N/A9/30/2016133-48N/A4N/A6/30/2016125-80N/A13N/A3/31/2016134-70N/A8N/A12/31/2015143-61N/A3N/A9/30/2015155-79N/A-5N/A6/30/2015167-97N/A-14N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: KMRは今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 2.3% ) よりも高い成長率であると考えられます。収益対市場: KMR今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: KMR今後 3 年以内に収益を上げることが予想されます。収益対市場: KMRの収益 ( 9.3% ) Irish市場 ( 5.3% ) よりも速いペースで成長すると予測されています。高い収益成長: KMRの収益 ( 9.3% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: KMRの 自己資本利益率 は、3年後には低くなると予測されています ( 9.5 %)。成長企業の発掘7D1Y7D1Y7D1YMaterials 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 19:37終値2026/05/22 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Kenmare Resources plc 5 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。13 アナリスト機関Richard HatchBerenbergDesmond KilaleaCanaccord GenuityKevin TimoneyDavy10 その他のアナリストを表示
お知らせ • Mar 26Kenmare Resources plc Provides Production Guidance for the Year 2026Kenmare Resources plc provided production guidance for the year 2026. The company announced production guidance for 2026 is lower than in recent years, while market conditions remain subdued. Ilmenite production in 2026 is expected to be in excess of 800,000 tonnes, in line with the company's plan to prioritise value over volume while markets are depressed. Shipments should not be impacted by lower production levels as the company will draw down its relatively high levels of inventory.
お知らせ • Jan 21Kenmare Resources plc Provides Production Guidance for the Year 2026Kenmare Resources plc provided production guidance for the year 2026. For the year, the company expects ilmenite production in excess of 800,000 tonnes, primary zircon production in excess of 41,000 tonnes, and rutile output in excess of 7,500 tonnes. The company also expects concentrates production to exceed 81,000 tonnes.
お知らせ • Nov 19+ 1 more updateKenmare Resources plc Updates Production Guidance for the Year 2025Kenmare Resources plc updated production guidance for the year 2025. For the year, the company now expects production of ilmenite production to be 870,000 tonnes to 905,000 tonnes and rutile production to be 8,500 tonnes to 9,500 tonnes as compared to ilmenite production of 930,000 tonnes -1,050,000 tonnes and rutile production to be 9,000 tonnes -10,000 tonnes. The Primary zircon production is unchanged which is 47,500 tonnes - 54,000 tonnes and Concentrates production is also unchanged which is 63,000 tonnes -69,000 tonnes.
お知らせ • Jul 18Kenmare Resources plc Provides Production Guidance for the Second Half of 2024Kenmare Resources plc provided production guidance for the second half of 2024. The company continues to expect production to increase in second half of 2024, supported by higher forecast ore grades.
お知らせ • Jan 17+ 1 more updateKenmare Resources plc Provides Production Guidance for the Year of 2024Kenmare Resources plc provided production guidance for the year of 2024. For the year, company expects production of Ilmenite 950,000 tonnes -1,050,000 tonnes, Primary zircon of 45,000 tonnes-50,000 tonnes, Rutile of 8,000 tonnes -9,000 tonnes and Concentrates of 37,000 tonnes -41,000 tonnes.
お知らせ • Jul 13Kenmare Resources plc Updates Production Guidance for the Fiscal Year 2023Kenmare Resources plc updated production guidance for the fiscal year 2023. For the period, the company expects Ilmenite production of 980,000 tonnes – 1,040,000 tonnes against previous guidance of 1,050,000 tonnes – 1,150,000 tonnes.
お知らせ • May 15Kenmare Resources plc to Report First Half, 2026 Results on Aug 19, 2026Kenmare Resources plc announced that they will report first half, 2026 results on Aug 19, 2026
お知らせ • Apr 14Kenmare Resources plc, Annual General Meeting, May 07, 2026Kenmare Resources plc, Annual General Meeting, May 07, 2026. Location: the merrion hotel, upper merrion street, dublin 2, Ireland
Reported Earnings • Mar 26Full year 2025 earnings released: US$3.64 loss per share (vs US$0.73 profit in FY 2024)Full year 2025 results: US$3.64 loss per share (down from US$0.73 profit in FY 2024). Revenue: US$328.6m (down 21% from FY 2024). Net loss: US$325.0m (down US$389.9m from profit in FY 2024). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 26Kenmare Resources plc Provides Production Guidance for the Year 2026Kenmare Resources plc provided production guidance for the year 2026. The company announced production guidance for 2026 is lower than in recent years, while market conditions remain subdued. Ilmenite production in 2026 is expected to be in excess of 800,000 tonnes, in line with the company's plan to prioritise value over volume while markets are depressed. Shipments should not be impacted by lower production levels as the company will draw down its relatively high levels of inventory.
New Risk • Mar 25New major risk - Revenue and earnings growthEarnings have declined by 7.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (6.3% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 7.6% per year over the past 5 years.
Board Change • Feb 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 1 highly experienced director. Independent Non-Executive Director Katia Ray was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jan 30Kenmare Resources plc Announces Changes to Committee Composition Effective January 31, 2026Kenmare Resources plc announced that, effective January 31, 2026, Clever Fonseca will cease to be a member of the Audit & Risk Committee and will become a member of the Nomination Committee, and Katia Ray will become a member of the Audit & Risk Committee. These changes are in addition to those announced by the Company on October 29, 2025.
お知らせ • Jan 22Kenmare Resources plc to Report Fiscal Year 2025 Results on Mar 25, 2026Kenmare Resources plc announced that they will report fiscal year 2025 results at 8:00 AM, GMT Standard Time on Mar 25, 2026
お知らせ • Jan 21Kenmare Resources plc Provides Production Guidance for the Year 2026Kenmare Resources plc provided production guidance for the year 2026. For the year, the company expects ilmenite production in excess of 800,000 tonnes, primary zircon production in excess of 41,000 tonnes, and rutile output in excess of 7,500 tonnes. The company also expects concentrates production to exceed 81,000 tonnes.
お知らせ • Nov 19+ 1 more updateKenmare Resources plc Updates Production Guidance for the Year 2025Kenmare Resources plc updated production guidance for the year 2025. For the year, the company now expects production of ilmenite production to be 870,000 tonnes to 905,000 tonnes and rutile production to be 8,500 tonnes to 9,500 tonnes as compared to ilmenite production of 930,000 tonnes -1,050,000 tonnes and rutile production to be 9,000 tonnes -10,000 tonnes. The Primary zircon production is unchanged which is 47,500 tonnes - 54,000 tonnes and Concentrates production is also unchanged which is 63,000 tonnes -69,000 tonnes.
お知らせ • Oct 30Kenmare Resources plc Announces Board and Committee ChangesKenmare Resources plc announced the appointment of Ekaterina (Katia) Ray as an independent Non-Executive Director and member of the Remuneration Committee, with immediate effect on October 29, 2025. The Company also announces other changes to its Board of Directors. Katia has over 25 years’ senior-level experience in the mining sector, including with FTSE 100 companies in Europe, Africa, North America and Asia. She has worked in a number of different commodities including industrial minerals, diamonds and platinum group metals. During her 15 years with Rio Tinto plc from 1993 to 2008, she held various senior positions in sales and marketing, business development and change management, and more recently she worked in business development for Anglo American plc. Katia founded her own consultancy, KPNB Limited, in 2009, advising multinational corporations, private equity firms and information providers on strategy, M&A, change management and market entry. She was also a Non-Executive Director of Petropavlovsk plc from 2019 to 2020. She holds a Master of Science Chemical Engineering degree (British equivalent) from the University of Chemical Technology, Moscow. Katia has had a number of voluntary roles, such as a Governor and a Nominations Committee member at the Royal Surrey County Hospital NHS Trust from 2018 to 2023 and a Business Advisor for Young Enterprise UK from 2018 to 2020.Graham Martin is retiring as a Director of Kenmare, with effect from 31 January 2026, having completed nine years on the Board. In light of Graham’s departure, the following changes will be made to Directors' responsibilities, which will take effect at that time:Elaine Dorward-King will become the Senior Independent Director,Katia Ray will become Chair of the Remuneration Committee,Deirdre Somers will become Chair of the Nomination Committee.
Board Change • Oct 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. Non-Executive Director Issa Al Balushi was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Sep 11Upcoming dividend of US$0.10 per shareEligible shareholders must have bought the stock before 18 September 2025. Payment date: 14 October 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 7.4%. Within top quartile of Irish dividend payers (4.4%). Higher than average of industry peers (3.6%).
Reported Earnings • Aug 25First half 2025 earnings released: US$1.06 loss per share (vs US$0.23 profit in 1H 2024)First half 2025 results: US$1.06 loss per share (down from US$0.23 profit in 1H 2024). Revenue: US$167.7m (up 1.6% from 1H 2024). Net loss: US$94.2m (down US$115.1m from profit in 1H 2024). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
New Risk • Aug 21New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 7.6% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.5% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows.
お知らせ • Aug 21+ 1 more updateKenmare Resources plc Approves Interim Dividend for 2025, Payable on October 14, 2025Kenmare Resources plc announced that the Board has approved an interim 2025 dividend of 10 US cents per share (H1 2024: US cents 15). The financial statements do not reflect this interim dividend. The Company will pay the interim dividend on 14 October 2025 to shareholders of record at the close of business on 19 September 2025. Ex-Dividend Date is 18 September 2025.
New Risk • Jul 21New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.4% average weekly change). Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (394% cash payout ratio). Profit margins are more than 30% lower than last year (16% net profit margin).
お知らせ • Jun 27Kenmare Resources plc to Report First Half, 2025 Results on Aug 20, 2025Kenmare Resources plc announced that they will report first half, 2025 results on Aug 20, 2025
Valuation Update With 7 Day Price Move • Jun 19Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to €3.66, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 10x in the Metals and Mining industry in Europe. Total loss to shareholders of 1.1% over the past three years.
お知らせ • Mar 27Kenmare Resources plc, Annual General Meeting, May 15, 2025Kenmare Resources plc, Annual General Meeting, May 15, 2025.
Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 37%After last week's 37% share price gain to €4.90, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Metals and Mining industry in Europe. Total returns to shareholders of 21% over the past three years.
New Risk • Jan 27New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (5.1% average weekly change). Profit margins are more than 30% lower than last year (22% net profit margin).
お知らせ • Jan 20Kenmare Resources plc to Report Fiscal Year 2024 Results on Mar 26, 2025Kenmare Resources plc announced that they will report fiscal year 2024 results on Mar 26, 2025
Upcoming Dividend • Sep 12Upcoming dividend of US$0.15 per shareEligible shareholders must have bought the stock before 19 September 2024. Payment date: 11 October 2024. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 13%. Within top quartile of Irish dividend payers (5.6%). Higher than average of industry peers (4.5%).
Reported Earnings • Aug 18First half 2024 earnings released: EPS: US$0.23 (vs US$0.71 in 1H 2023)First half 2024 results: EPS: US$0.23 (down from US$0.71 in 1H 2023). Revenue: US$165.1m (down 32% from 1H 2023). Net income: US$20.9m (down 69% from 1H 2023). Profit margin: 13% (down from 28% in 1H 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Declared Dividend • Aug 16First half dividend of US$0.15 announcedShareholders will receive a dividend of US$0.15. Ex-date: 19th September 2024 Payment date: 11th October 2024 Dividend yield will be 13%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 60% per year over the past 5 years and payments have been stable during that time. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend.
お知らせ • Aug 14Kenmare Resources plc Approves an Interim 2024 Dividend, Payable on 11 October 2024The Board of Kenmare Resources plc has approved an interim 2024 dividend of 15 US cents per share (H1 2023: 17.5 US cents). The company is targeting a full year dividend towards the upper end of the 20-40% profit after tax payout range. The financial statements do not reflect this interim dividend. The company will pay the interim dividend on 11 October 2024 to shareholders of record at the close of business on 20 September 2024. Ex-Dividend Date is 19 September 2024.
お知らせ • Aug 13+ 1 more updateKenmare Resources plc Announces Managing Director ChangesKenmare Resources plc announced that Tom Hickey, Finance Director, has been appointed as Managing Director, effective 15 August 2024. Tom will continue in his role as an Executive Director on Kenmare’s Board. He succeeds Michael Carvill, who will step down as Managing Director and from the Board on 14 August 2024, after 38 years in the role. Kenmare will now undertake a limited process to identify Tom’s successor as Chief Financial Officer. Further updates will be provided in due course. Tom joined Kenmare in September 2022 as Finance Director. Since then, he has led the refinancing of the Company’s previous debt facilities with a $200 million Revolving Credit Facility, which provides additional financial flexibility for Kenmare during the upgrade and transition of Wet Concentrator Plant A to Nataka. He has also taken a central role in the negotiations with the Government of Mozambique relating to the renewal of the Company’s Implementation Agreement, which governs the Industrial Free Zone forming part of the Moma Mine. Tom has 24 years’ experience as an Executive and Non-Executive Director of various public companies, including eight years as Chief Financial Officer of the African and South American-focused oil and gas producer Tullow Oil plc (“Tullow”) from 2000 to 2008. During this time, he developed and implemented the financial strategy that saw Tullow grow from a micro-cap company to a FTSE 100 business valued at $15 billion. He was central to the success of major acquisitions and debt and equity fundings, as well as responsible for capital allocation of an annual budget of over $700 million. Tom also held senior financial roles with the oil and gas exploration company Petroceltic International plc between 2010 and 2016, including latterly as Chief Financial Officer. Tom has strong Board-level experience, having previously served as an Independent Non-Executive Director with United Oil & Gas plc and Petroneft Resources plc. Tom has a Bachelor of Commerce degree and a Diploma in Professional Accounting, both from University College Dublin, and he is a Fellow of the Irish Institute of Chartered Accountants.
お知らせ • Jul 18Kenmare Resources plc Provides Production Guidance for the Second Half of 2024Kenmare Resources plc provided production guidance for the second half of 2024. The company continues to expect production to increase in second half of 2024, supported by higher forecast ore grades.
お知らせ • May 11Kenmare Resources plc Approves Final DividendKenmare Resources plc at its Annual General Meeting held on 10 May 2024, approved to declare a final dividend of 38.54 US cents per share.
Upcoming Dividend • Apr 05Upcoming dividend of US$0.39 per shareEligible shareholders must have bought the stock before 11 April 2024. Payment date: 17 May 2024. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 13%. Within top quartile of Irish dividend payers (5.4%). Higher than average of industry peers (4.0%).
Declared Dividend • Mar 22Final dividend of US$0.39 announcedShareholders will receive a dividend of US$0.39. Ex-date: 11th April 2024 Payment date: 17th May 2024 Dividend yield will be 16%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by both earnings (40% earnings payout ratio) and cash flows (58% cash payout ratio). The dividend has increased by an average of 60% per year over the past 5 years and payments have been stable during that time. EPS is expected to decline by 41% over the next 2 years. However, it would need to fall by 56% to increase the payout ratio to a potentially unsustainable range.
Reported Earnings • Mar 20Full year 2023 earnings released: EPS: US$1.41 (vs US$2.17 in FY 2022)Full year 2023 results: EPS: US$1.41 (down from US$2.17 in FY 2022). Revenue: US$458.5m (down 13% from FY 2022). Net income: US$131.0m (down 36% from FY 2022). Profit margin: 29% (down from 39% in FY 2022). The decrease in margin was primarily driven by lower revenue. Revenue is expected to decline by 1.2% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to grow by 1.1%. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
お知らせ • Mar 16Michael Carvill to Step Down as Managing Director of Kenmare Resources plcKenmare Resources plc announced that Michael Carvill will step down as Managing Director and from the Board later this year. Subject to re-appointment at the Company’s Annual General Meeting on 10 May 2024, it is expected that Michael will remain on the Board and in his executive role until the Company’s Interim Results in August. Following this, and to support an orderly transition process, Michael will continue to be available to the Company in a consultancy capacity until at least the end of 2024. As part of the Company's succession planning, Kenmare’s Nomination Committee has commenced a process to find Michael’s successor and will consider both internal and external candidates. The result of this process will be announced in due course. Michael founded Kenmare in 1987 and under his leadership, Kenmare has evolved into one of the world’s largest producers of titanium minerals.
お知らせ • Mar 15+ 1 more updateKenmare Resources plc, Annual General Meeting, May 10, 2024Kenmare Resources plc, Annual General Meeting, May 10, 2024. Agenda: To consider the reappointment of directors.
Buy Or Sell Opportunity • Jan 26Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 22% to €3.60. The fair value is estimated to be €4.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 71%. For the next 3 years, revenue is forecast to decline by 10% per annum. Earnings are also forecast to decline by 37% per annum over the same time period.
お知らせ • Jan 17+ 1 more updateKenmare Resources plc Provides Production Guidance for the Year of 2024Kenmare Resources plc provided production guidance for the year of 2024. For the year, company expects production of Ilmenite 950,000 tonnes -1,050,000 tonnes, Primary zircon of 45,000 tonnes-50,000 tonnes, Rutile of 8,000 tonnes -9,000 tonnes and Concentrates of 37,000 tonnes -41,000 tonnes.
New Risk • Dec 18New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 38% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 38% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.1% average weekly change).
お知らせ • Oct 05Kenmare Resources plc to Report Q3, 2023 Results on Oct 12, 2023Kenmare Resources plc announced that they will report Q3, 2023 results on Oct 12, 2023
Upcoming Dividend • Sep 14Upcoming dividend of US$0.17 per share at 11% yieldEligible shareholders must have bought the stock before 21 September 2023. Payment date: 13 October 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 11%. Within top quartile of Irish dividend payers (5.0%). Higher than average of industry peers (8.8%).
Reported Earnings • Aug 20First half 2023 earnings released: EPS: US$0.71 (vs US$0.66 in 1H 2022)First half 2023 results: EPS: US$0.71 (up from US$0.66 in 1H 2022). Revenue: US$242.9m (up 23% from 1H 2022). Net income: US$67.8m (up 8.4% from 1H 2022). Profit margin: 28% (down from 32% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 6.2% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 14Kenmare Resources plc to Report First Half, 2023 Results on Aug 15, 2023Kenmare Resources plc announced that they will report first half, 2023 results on Aug 15, 2023
お知らせ • Jul 13Kenmare Resources plc Updates Production Guidance for the Fiscal Year 2023Kenmare Resources plc updated production guidance for the fiscal year 2023. For the period, the company expects Ilmenite production of 980,000 tonnes – 1,040,000 tonnes against previous guidance of 1,050,000 tonnes – 1,150,000 tonnes.
お知らせ • Jul 04Kenmare Resources plc Appoints Mette Dobel on Remuneration Committee with Effect from 1 September 2023Kenmare Resources plc announced that Mette Dobel will join the Company’s Remuneration Committee with effect from 1 September 2023.
お知らせ • May 12Kenmare Resources plc Approves Final DividendKenmare Resources plc announced that at its AGM held on 11 May 2023, the shareholders approved final dividend of 43.33 US cents per share.
お知らせ • May 11Kenmare Resources plc Announces Board ChangesKenmare Resources plc announced that the Company’s Board of Directors has designated Mette Dobel, in place of Graham Martin, as the Non-Executive Director with responsibility for engagement with the workforce. This change takes effect immediately.
Upcoming Dividend • Apr 06Upcoming dividend of US$0.43 per share at 9.4% yieldEligible shareholders must have bought the stock before 13 April 2023. Payment date: 19 May 2023. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 9.4%. Within top quartile of Irish dividend payers (4.5%). Higher than average of industry peers (8.5%).
Reported Earnings • Mar 22Full year 2022 earnings released: EPS: US$2.17 (vs US$1.18 in FY 2021)Full year 2022 results: EPS: US$2.17 (up from US$1.18 in FY 2021). Revenue: US$526.0m (up 15% from FY 2021). Net income: US$206.0m (up 60% from FY 2021). Profit margin: 39% (up from 28% in FY 2021). The increase in margin was primarily driven by higher revenue. Revenue is forecast to decline by 9.3% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
Board Change • Feb 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non-Executive Director Issa Al Balushi was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jan 28Kenmare Resources plc Appoints Issa Al Balushi as Non-Executive DirectorKenmare Resources plc announced that Issa Al Balushi has been appointed as Non-Executive Director with immediate effect. Mr. Issa Al Balushi was nominated as a Non-Executive Director by African Acquisitions Sarl. The appointment was in accordance with the Subscription and Relationship Agreement entered into on 18 June 2016 by AAS and Kenmare. Issa is a Manager in Economic Diversification Investments at OIA. He has more than 10 years of experience in the financial industry and has worked as a portfolio manager for several OIA assets nationally and internationally. Previously he worked at the Central Bank of Oman as a bank examiner and at EY in Oman as a Financial Analyst. He is a director of several private companies owned by OIA or state-owned enterprises but is not a director of any publicly-quoted companies. Al Balushi holds a Master’s degree in Financial Analysis from UNSW, Sydney and a Bachelor of Science, Finance from SQU, Muscat.
お知らせ • Jan 18+ 1 more updateKenmare Resources plc Provides Production Guidance for the Fiscal Year 2023Kenmare Resources plc provided production guidance for the fiscal year 2023. For the period, the company expects Ilmenite production of 1,050,000 – 1,150,000 tonnes. Rutile of 8,000 – 9,000 tonnes. Concentrates of 37,000 – 41,000 tonnes.
Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Financial Director & Director Tom Hickey was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to €4.06, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 4x in the Metals and Mining industry in Europe. Total returns to shareholders of 75% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.97 per share.
Upcoming Dividend • Sep 15Upcoming dividend of US$0.11 per shareEligible shareholders must have bought the stock before 22 September 2022. Payment date: 21 October 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 7.2%. Within top quartile of Irish dividend payers (4.0%). Lower than average of industry peers (10%).
Buying Opportunity • Sep 07Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be €6.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 55%. Revenue is forecast to decline by 6.6% in 2 years. Earnings is forecast to decline by 2.0% in the next 2 years.
Reported Earnings • Aug 18First half 2022 earnings released: EPS: US$0.66 (vs US$0.44 in 1H 2021)First half 2022 results: EPS: US$0.66 (up from US$0.44 in 1H 2021). Revenue: US$197.3m (up 11% from 1H 2021). Net income: US$62.5m (up 30% from 1H 2021). Profit margin: 32% (up from 27% in 1H 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 4.0%, compared to a 21% growth forecast for the Metals and Mining industry in Ireland. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Mette Dobel was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Apr 21Upcoming dividend of US$0.25 per shareEligible shareholders must have bought the stock before 28 April 2022. Payment date: 01 June 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of Irish dividend payers (3.3%). Lower than average of industry peers (7.8%).
Board Change • Feb 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non-Executive Director Mette Dobel was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Sep 16Upcoming dividend of US$0.073 per shareEligible shareholders must have bought the stock before 23 September 2021. Payment date: 22 October 2021. Trailing yield: 2.5%. Lower than top quartile of Irish dividend payers (4.3%). Lower than average of industry peers (6.6%).
Recent Insider Transactions • Sep 12MD & Executive Director recently sold €100k worth of stockOn the 9th of September, Michael Carvill sold around 20k shares on-market at roughly €4.98 per share. This was the largest sale by an insider in the last 3 months. Michael has been a seller over the last 12 months, reducing personal holdings by €45k.
Reported Earnings • Aug 22First half 2021 earnings released: EPS US$0.44 (vs US$0.12 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: US$178.2m (up 53% from 1H 2020). Net income: US$48.0m (up 280% from 1H 2020). Profit margin: 27% (up from 11% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.
Executive Departure • May 21Independent Non-Executive Director has left the companyOn the 13th of May, Gabriel Smith's tenure as Independent Non-Executive Director ended after 8.2 years in the role. As of March 2021, Gabriel personally held 30.08k shares (€142k worth at the time). A total of 2 executives have left over the last 12 months.
Upcoming Dividend • Apr 08Upcoming dividend of US$0.077 per shareEligible shareholders must have bought the stock before 15 April 2021. Payment date: 19 May 2021. Trailing yield: 1.8%. Lower than top quartile of Irish dividend payers (4.3%). Lower than average of industry peers (4.6%).
Recent Insider Transactions • Mar 28Independent Non-Executive Director recently bought €73k worth of stockOn the 24th of March, Alan Martin bought around 16k shares on-market at roughly €4.61 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €491k more in shares than they have sold in the last 12 months.
Reported Earnings • Mar 25Full year 2020 earnings released: EPS US$0.15 (vs US$0.41 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$243.7m (down 10.0% from FY 2019). Net income: US$16.7m (down 63% from FY 2019). Profit margin: 6.9% (down from 17% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.
Executive Departure • Mar 18Non-Executive Director has left the companyOn the 17th of March, Timothy Keating's tenure as Non-Executive Director ended after 4.4 years in the role. We don't have any record of a personal shareholding under Timothy's name. A total of 2 executives have left over the last 12 months.
Is New 90 Day High Low • Feb 20New 90-day high: €4.71The company is up 43% from its price of €3.30 on 19 November 2020. The Irish market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 29% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.32 per share.
Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improved over the past weekAfter last week's 19% share price gain to US$3.87, the stock is trading at a trailing P/E ratio of 13.9x, up from the previous P/E ratio of 11.7x. This compares to an average P/E of 15x in the Metals and Mining industry in Europe. Total returns to shareholders over the past three years are 32%.
Is New 90 Day High Low • Jan 06New 90-day high: €3.87The company is up 38% from its price of €2.80 on 07 October 2020. The Irish market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 29% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.20 per share.
お知らせ • Jul 17Kenmare Resources plc to Report First Half, 2020 Results on Aug 19, 2020Kenmare Resources plc announced that they will report first half, 2020 results on Aug 19, 2020