Companies

Michael Carvill: ‘Kenmare is in great shape but the share price looks like we’ve crashed and burned’

The founder, who is stepping down this year, heralded the company’s second best year of performance

Michael Carvill, the founder and managing director of Kenmare Resources, is frustrated with the dislocation between the company’s performance and its share price. Picture: Fergal Phillips

Michael Carvill, the founder and managing director of Kenmare Resources, is frustrated with the dislocation between the company’s performance and its share price as he prepares to meet with dissatisfied investors.

Speaking to the Business Post after the company’s 2023 annual results Carvill said “if you saw the share price you’d think we’d crashed and burned”.

Shares in Kenmare, which is dual listed in London and Dublin, are down almost 32 per cent in the ...