Kenmare Resources Plc not to achieve its full-year 2019 production guidance

  • Dec 17, 2019 GMT
  • Team Kalkine

Kenmare Resources Plc (LON: KMR) has released a production guidance update.

  • The company has said that now it does not expect to achieve its full-year 2019 production guidance of 900,000-960,000 tonnes of ilmenite.
  • Ilmenite production is now expected to be improving by just 3 per cent, that’s a drop even from the lower end of the guidance range.
  • The company has however said that the guidance for all other products and shipping volumes stays unchanged.
  • On 17th December 2019, at the time of writing, GMT 08:11 AM, KMR shares were trading at GBX 210.00, down by 9.00 points or 4.11% against the previous day closing price.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.

We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.

To know more about these dividend stocks, click here

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK