Kodal Minerals PLC (LON:KOD – Get Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 0.31 and traded as low as GBX 0.27. Kodal Minerals shares last traded at GBX 0.29, with a volume of 17,582,961 shares trading hands.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group reiterated a “speculative buy” rating and issued a GBX 1.20 price objective on shares of Kodal Minerals in a report on Friday, July 17th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, Kodal Minerals currently has a consensus rating of “Buy” and a consensus target price of GBX 1.20.
Check Out Our Latest Report on KOD
Kodal Minerals Stock Up 3.6%
Kodal Minerals Company Profile
Kodal Minerals was established and listed on London’s AIM market in 2013, acquiring its flagship asset, Bougouni Lithium Project, in 2016. Kodal Minerals is aiming to be the first West African producer of lithium spodumene and become a significant player in critical minerals production to help drive the global green energy transition.
The Bougouni Lithium Project is located in Southern Mali, 170km south of the capital Bamako in the highly prospective and attractive destination for lithium exploration and development.
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