Kodal Minerals’ (KOD) Speculative Buy Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group restated their speculative buy rating on shares of Kodal Minerals (LON:KODFree Report) in a research report report published on Tuesday morning, Marketbeat reports. They currently have a GBX 1 ($0.01) target price on the stock.

Kodal Minerals Trading Up 3.5 %

Shares of KOD stock opened at GBX 0.41 ($0.01) on Tuesday. The company has a debt-to-equity ratio of 6.01, a current ratio of 142.38 and a quick ratio of 2.59. 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 business has a 50-day simple moving average of GBX 0.39 and a 200-day simple moving average of GBX 0.43.

Kodal Minerals (LON:KODGet Free Report) last posted its earnings results on Monday, December 23rd. The company reported GBX (0.01) ($0.00) EPS for the quarter.

About Kodal Minerals

(Get Free Report)

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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