Canaccord Genuity Group reaffirmed their speculative buy rating on shares of Kodal Minerals (LON:KOD - Free Report) in a research note issued to investors on Tuesday morning, Marketbeat Ratings reports. The firm currently has a GBX 1 ($0.01) target price on the stock.
Kodal Minerals Price Performance
KOD stock remained flat at GBX 0.40 ($0.01) during mid-day trading on Tuesday. 32,671,127 shares of the company's stock traded hands, compared to its average volume of 59,452,766. The stock's 50 day moving average is GBX 0.40 and its two-hundred day moving average is GBX 0.43. Kodal Minerals has a 52-week low of GBX 0.26 ($0.00) and a 52-week high of GBX 0.68 ($0.01). The stock has a market capitalization of £80.67 million, a price-to-earnings ratio of 3,074.56 and a beta of 0.51.
Kodal Minerals (LON:KOD - Get Free Report) last announced its quarterly earnings data on Monday, December 23rd. The company reported GBX (0.01) ($0.00) earnings per share (EPS) for the quarter.
Kodal Minerals Company Profile
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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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