Canaccord Genuity Group restated their speculative buy rating on shares of Kodal Minerals (LON:KOD – Free Report) in a report issued on Tuesday morning, Marketbeat reports. They currently have a GBX 1 ($0.01) target price on the stock.
Kodal Minerals Price Performance
Shares of LON:KOD opened at GBX 0.40 ($0.01) on Tuesday. The company’s 50-day moving average price is GBX 0.40 and its two-hundred day moving average price is GBX 0.43. Kodal Minerals has a one year low of GBX 0.26 ($0.00) and a one year high of GBX 0.68 ($0.01). The stock has a market capitalization of £80.67 million, a PE ratio of 3,074.56 and a beta of 0.51.
Kodal Minerals (LON:KOD – Get Free Report) last issued its quarterly earnings results on Monday, December 23rd. The company reported GBX (0.01) ($0.00) EPS for the quarter.
Kodal Minerals Company Profile
Kodal Minerals was established and listed on London’s AIM market in 2013, acquiring its flagship asset, Bougouni Lithium Project, in 2016. Kodal Minerals is aiming to be the first West African producer of lithium spodumene and become a significant player in critical minerals production to help drive the global green energy transition.
The Bougouni Lithium Project is located in Southern Mali, 170km south of the capital Bamako in the highly prospective and attractive destination for lithium exploration and development.
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