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

Kodal Minerals (LON:KOD)‘s stock had its “speculative buy” rating reissued by investment analysts at Canaccord Genuity Group in a report issued on Wednesday, Digital Look reports. They currently have a GBX 1.20 target price on the stock. Canaccord Genuity Group’s target price indicates a potential upside of 313.79% from the stock’s current price.

Kodal Minerals Trading Up 3.6%

LON:KOD opened at GBX 0.29 on Wednesday. Kodal Minerals has a 1 year low of GBX 0.22 and a 1 year high of GBX 0.62. The stock has a market cap of £59.08 million, a price-to-earnings ratio of -5.93 and a beta of 0.18. The stock has a 50-day moving average price of GBX 0.28 and a two-hundred day moving average price of GBX 0.30.

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

About Kodal Minerals

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.