Kodal Minerals (LON:KOD) Earns “Speculative Buy” Rating from Canaccord Genuity Group

Kodal Minerals (LON:KOD)‘s stock had its “speculative buy” rating restated by Canaccord Genuity Group in a note issued to investors on Tuesday, Digital Look reports. They currently have a GBX 0.70 price target on the stock. Canaccord Genuity Group’s price target would indicate a potential upside of 118.75% from the stock’s previous close.

Kodal Minerals Price Performance

Shares of KOD opened at GBX 0.32 on Tuesday. Kodal Minerals has a fifty-two week low of GBX 0.22 and a fifty-two week high of GBX 0.62. The firm’s 50 day moving average price is GBX 0.29 and its 200 day moving average price is GBX 0.30. The company has a market cap of £65.19 million, a P/E ratio of -6.54 and a beta of 0.18.

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

Kodal Minerals Company Profile

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 Li?O spodumene concentrate.