Kenmare

Q4 2024 production report

  • Sectors : Resource
  • Companies : Kenmare

Ratings and price correct at time of issue.

  • Kenmare

    Closing Price: 310.0p

  • RATING 03/08/16

  • PREVIOUS RATING 07/12/15

    UNDER REVIEW

Person's Name

Colin Grant

Analyst

DAVY VIEW

Kenmare’s production in Q4 was above our forecasts, driven by strong ore grades. Guidance for 2025 production is in line with our forecasts. Capex remains on budget and on schedule. We expect the commodity price downcycle to continue for a third year in 2025, and we adjust our price and opex forecasts.

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Jan 20 2025, 07:10 GMT

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