Kodal Minerals PLC (LON:KOD - Get Free Report) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 0.41 ($0.01) and traded as low as GBX 0.37 ($0.00). Kodal Minerals shares last traded at GBX 0.38 ($0.00), with a volume of 15,112,612 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group reissued a "speculative buy" rating and set a GBX 1 ($0.01) price objective on shares of Kodal Minerals in a report on Tuesday, February 11th.
Get Our Latest Research Report on Kodal Minerals
Kodal Minerals Stock Performance
The stock has a market capitalization of £77.44 million, a price-to-earnings ratio of 2,951.58 and a beta of 0.51. The company has a fifty day simple moving average of GBX 0.40 and a 200 day simple moving average of GBX 0.41.
Kodal Minerals (LON:KOD - Get Free Report) last announced its earnings results on Monday, December 23rd. The company reported GBX (0.01) ($0.00) 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.
Further Reading
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