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

Canaccord Genuity Group reissued their speculative buy rating on shares of Kodal Minerals (LON:KOD) in a research note issued to investors on Wednesday,Digital Look reports. The brokerage currently has a GBX 1.20 price target on the stock.

Kodal Minerals Stock Up 1.1%

Shares of KOD stock opened at GBX 0.28 on Wednesday. The stock has a market cap of £57.66 million, a P/E ratio of -5.79 and a beta of 0.18. Kodal Minerals has a fifty-two week low of GBX 0.22 and a fifty-two week high of GBX 0.62. The business has a fifty day simple moving average of GBX 0.28 and a 200-day simple moving average of GBX 0.30.

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