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

Kodal Minerals (LON:KOD)‘s stock had its “speculative buy” rating restated by equities research analysts at Canaccord Genuity Group in a report released on Tuesday, Digital Look reports. They presently have a GBX 0.70 price objective on the stock. Canaccord Genuity Group’s price target points to a potential upside of 159.26% from the company’s current price.

Kodal Minerals Stock Down 3.6%

Shares of Kodal Minerals stock traded down GBX 0.01 on Tuesday, hitting GBX 0.27. 45,190,297 shares of the company were exchanged, compared to its average volume of 50,445,273. The company has a 50-day moving average price of GBX 0.29 and a 200 day moving average price of GBX 0.30. The stock has a market capitalization of £55.01 million, a price-to-earnings ratio of -5.52 and a beta of 0.18. Kodal Minerals has a 1-year low of GBX 0.22 and a 1-year high of GBX 0.62.

Kodal Minerals (LON:KOD) last posted its quarterly earnings results on Wednesday, September 30th. The company reported GBX 0.02 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.