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

Kodal Minerals (LON:KOD)‘s stock had its “speculative buy” rating reiterated by analysts at Canaccord Genuity Group in a report issued on Tuesday, Digital Look reports. They presently have a GBX 0.70 target price on the stock. Canaccord Genuity Group’s price target would suggest a potential upside of 133.33% from the stock’s current price.

Kodal Minerals Stock Performance

Kodal Minerals stock opened at GBX 0.30 on Tuesday. The company has a market capitalization of £61.12 million, a P/E ratio of -6.13 and a beta of 0.18. Kodal Minerals has a fifty-two week low of GBX 0.22 and a fifty-two week high of GBX 0.62. The stock has a 50-day simple moving average of GBX 0.29 and a 200-day simple moving average of GBX 0.30.

Kodal Minerals (LON:KOD) last released its quarterly 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.