Kodal Minerals (LON:KOD) Stock Keeps Speculative Buy Rating at Canaccord Genuity Group

Kodal Minerals (LON:KOD – Get Free Report)‘s stock had its “speculative buy” rating restated by equities research analysts at Canaccord Genuity Group in a research note issued on Tuesday, Digital Look reports. They presently have a GBX 0.70 target price on the stock. Canaccord Genuity Group’s price objective would indicate a potential upside of 137.29% from the company’s previous close.

Kodal Minerals Price Performance

Shares of LON KOD opened at GBX 0.29 on Tuesday. The company has a 50 day simple moving average of GBX 0.29 and a 200 day simple moving average of GBX 0.30. Kodal Minerals has a 1 year low of GBX 0.22 and a 1 year high of GBX 0.62. The firm has a market cap of £60.10 million, a PE ratio of -6.03 and a beta of 0.18.

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

Kodal Minerals Company Profile

(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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