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Kodal Minerals (LON:KOD) Trading 5.6% Higher - Still a Buy?

Kodal Minerals logo with Basic Materials background

Kodal Minerals PLC (LON:KOD - Get Free Report)'s share price shot up 5.6% during trading on Friday . The company traded as high as GBX 0.35 ($0.00) and last traded at GBX 0.34 ($0.00). 1,141,443 shares were traded during mid-day trading, a decline of 98% from the average session volume of 60,958,438 shares. The stock had previously closed at GBX 0.32 ($0.00).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reiterated a "speculative buy" rating and issued a GBX 1.45 ($0.02) price objective on shares of Kodal Minerals in a research note on Thursday, September 26th.

Check Out Our Latest Stock Report on KOD

Kodal Minerals Stock Performance

The company has a debt-to-equity ratio of 6.01, a current ratio of 142.38 and a quick ratio of 2.59. The business has a 50 day moving average price of GBX 0.42 and a 200 day moving average price of GBX 0.49.

Kodal Minerals Company Profile

(Get Free Report)

Kodal Minerals PLC, together with its subsidiaries, engages in the exploration and evaluation of mineral resources in the United Kingdom and West Africa. The company explores for lithium and gold deposits. Its flagship project is the Bougouni Lithium project located in Mali. Kodal Minerals PLC was incorporated in 2010 and is based in London, the United Kingdom.

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