Kodal Minerals PLC (LON:KOD - Get Free Report)'s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 0.40 ($0.01) and traded as low as GBX 0.38 ($0.00). Kodal Minerals shares last traded at GBX 0.39 ($0.01), with a volume of 31,303,191 shares.
Analyst Ratings Changes
Separately, Canaccord Genuity Group reaffirmed a "speculative buy" rating and set a GBX 1 ($0.01) target price on shares of Kodal Minerals in a research report on Tuesday, February 11th.
View Our Latest Stock Analysis on KOD
Kodal Minerals Price Performance
The firm has a market cap of £84.70 million, a P/E ratio of 3,228.29 and a beta of 0.51. The company's 50 day moving average is GBX 0.39 and its two-hundred day moving average is GBX 0.40.
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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