Kodal Minerals (LON:KOD – Get Free Report) announced its earnings results on Wednesday. The company reported GBX 0.02 EPS for the quarter, Digital Look Earnings reports.
Kodal Minerals Trading Up 0.4%
KOD opened at GBX 0.28 on Wednesday. The stock has a 50-day moving average of GBX 0.28 and a 200 day moving average of GBX 0.30. Kodal Minerals has a 12 month low of GBX 0.22 and a 12 month high of GBX 0.62. The firm has a market cap of £56.23 million, a P/E ratio of -5.64 and a beta of 0.18.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group reaffirmed a “speculative buy” rating and issued a GBX 1.20 price objective on shares of Kodal Minerals in a research note on Wednesday. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, Kodal Minerals currently has a consensus rating of “Buy” and an average target price of GBX 1.20.
Kodal Minerals Company Profile
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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