Kodal Minerals (LON:KOD) Given “Speculative Buy” Rating at Canaccord Genuity Group

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

Kodal Minerals Price Performance

Kodal Minerals stock traded up GBX 0 during trading hours on Wednesday, hitting GBX 0.28. The company had a trading volume of 18,632,314 shares, compared to its average volume of 49,416,449. Kodal Minerals has a fifty-two week low of GBX 0.22 and a fifty-two week high of GBX 0.62. The firm has a market capitalization of £57.45 million, a P/E ratio of -5.77 and a beta of 0.18. The firm’s fifty day moving average is GBX 0.28 and its 200-day moving average is GBX 0.30.

Kodal Minerals (LON:KOD) last issued 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 Li₂O spodumene concentrate.