Kodal Minerals PLC (LON:KOD – Get Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 0.29 and traded as high as GBX 0.29. Kodal Minerals shares last traded at GBX 0.27, with a volume of 32,520,100 shares traded.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group reaffirmed a “speculative buy” rating and issued a GBX 1.20 price target 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, the stock presently has a consensus rating of “Buy” and an average price target of GBX 1.20.
Check Out Our Latest Analysis on Kodal Minerals
Kodal Minerals Price Performance
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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