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

Kodal Minerals (LON:KOD)‘s stock had its “speculative buy” rating reissued by Canaccord Genuity Group in a research report issued on Wednesday, Digital Look reports. They presently have a GBX 1.20 target price on the stock. Canaccord Genuity Group’s price objective would indicate a potential upside of 325.53% from the stock’s current price.

Kodal Minerals Stock Up 0.7%

KOD traded up GBX 0 during trading on Wednesday, reaching GBX 0.28. The company’s stock had a trading volume of 53,856,078 shares, compared to its average volume of 49,455,289. The firm has a fifty day simple moving average of GBX 0.28 and a two-hundred 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 company has a market cap of £57.45 million, a price-to-earnings ratio of -5.77 and a beta of 0.18.

Kodal Minerals (LON:KOD) last issued its earnings results on Wednesday, September 30th. The company reported GBX 0.02 earnings per share 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 Li₂O spodumene concentrate.