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

Kodal Minerals (LON:KOD)‘s stock had its “speculative buy” rating restated by investment analysts at Canaccord Genuity Group in a report released on Tuesday, Digital Look reports. They presently have a GBX 0.70 price target on the stock. Canaccord Genuity Group’s price target indicates a potential upside of 146.48% from the stock’s previous close.

Kodal Minerals Stock Performance

Shares of KOD stock opened at GBX 0.28 on Tuesday. Kodal Minerals has a 52-week low of GBX 0.22 and a 52-week high of GBX 0.62. The firm has a market capitalization of £57.86 million, a P/E ratio of -5.81 and a beta of 0.18. The stock has a 50 day moving average price of GBX 0.29 and a 200 day moving average price of GBX 0.30.

Kodal Minerals (LON:KOD) last posted its quarterly earnings data 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.