Kodal Minerals PLC (LON:KOD - Get Free Report)'s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.50 ($0.01) and traded as low as GBX 0.40 ($0.01). Kodal Minerals shares last traded at GBX 0.42 ($0.01), with a volume of 30,930,704 shares.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group reiterated a "speculative buy" rating and set a GBX 1.45 ($0.02) price target on shares of Kodal Minerals in a report on Thursday, September 26th.
Get Our Latest Stock Report on KOD
Kodal Minerals Price Performance
The company has a quick ratio of 2.59, a current ratio of 142.38 and a debt-to-equity ratio of 6.01. The stock has a 50 day simple moving average of GBX 0.47 and a 200 day simple moving average of GBX 0.50.
About Kodal Minerals
(
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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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