Kodal Minerals’ (KOD) Speculative Buy Rating Reiterated 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 issued on Wednesday, Digital Look reports. They presently have a GBX 1.20 target price on the stock. Canaccord Genuity Group’s target price suggests a potential upside of 324.03% from the stock’s current price.

Kodal Minerals Stock Performance

LON:KOD opened at GBX 0.28 on Wednesday. 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 cap of £57.66 million, a PE ratio of -5.79 and a beta of 0.18. The business has a 50 day moving average price of GBX 0.28 and a 200-day moving average price of GBX 0.30.

Kodal Minerals (LON:KOD) last issued its 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.