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

Canaccord Genuity Group reiterated their speculative buy rating on shares of Kodal Minerals (LON:KODFree Report) in a research note published on Tuesday, MarketBeat reports. Canaccord Genuity Group currently has a GBX 1 ($0.01) price target on the stock.

Kodal Minerals Stock Performance

Kodal Minerals stock opened at GBX 0.41 ($0.01) on Tuesday. Kodal Minerals has a twelve month low of GBX 0.26 ($0.00) and a twelve month high of GBX 0.68 ($0.01). The business has a fifty day moving average of GBX 0.39 and a two-hundred day moving average of GBX 0.43. The company has a debt-to-equity ratio of 6.01, a quick ratio of 2.59 and a current ratio of 142.38.

Kodal Minerals (LON:KODGet Free Report) last issued its quarterly earnings data on Monday, December 23rd. The company reported GBX (0.01) ($0.00) earnings per share for the quarter.

About Kodal Minerals

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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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