Kodal Minerals (LON:KOD) Stock Rating Reaffirmed as “Speculative Buy” by Canaccord Genuity Group

Kodal Minerals (LON:KOD – Get Free Report)‘s stock had its “speculative buy” rating reiterated by Canaccord Genuity Group in a research report issued to clients and investors on Tuesday, Digital Look reports. They currently have a GBX 0.70 target price on the stock. Canaccord Genuity Group’s target price indicates a potential upside of 157.35% from the stock’s current price.

Kodal Minerals Price Performance

Shares of LON:KOD traded down GBX 0.03 during trading on Tuesday, hitting GBX 0.27. The company had a trading volume of 45,309,281 shares, compared to its average volume of 50,407,133. The stock has a market cap of £55.42 million, a price-to-earnings ratio of -5.56 and a beta of 0.18. Kodal Minerals has a one year low of GBX 0.22 and a one year high of GBX 0.62. The company has a fifty day simple moving average of GBX 0.29 and a two-hundred day simple moving average of GBX 0.30.

Kodal Minerals (LON:KOD – Get Free Report) last announced its earnings results on Wednesday, September 30th. The company reported GBX 0.02 EPS for the quarter.

About Kodal Minerals

(Get Free Report)

Kodal Minerals plc, the AIM-quoted West African lithium explorer, developer and producer, is the co-developer of its flagship Bougouni Lithium Project in Southern Mali alongside joint venture partner Hainan Mining, a subsidiary of Hong Kong-listed Fosun International.

The Bougouni Lithium Project covers 350km² in the world-class Birimian terrain of West Africa, located approximately 180km south of Mali’s capital Bamako. The Stage 1 Dense Media Separation (‘DMS’) processing plant, which achieved first spodumene concentrate production in February 2025, has a target output of 125ktpa Li₂O spodumene concentrate.

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