Kodal Minerals PLC (LON:KOD – Get Free Report)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 0.35 and traded as low as GBX 0.30. Kodal Minerals shares last traded at GBX 0.31, with a volume of 20,496,359 shares traded.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group restated a “speculative buy” rating and issued a GBX 1.20 target price on shares of Kodal Minerals in a report on Wednesday, May 6th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, Kodal Minerals presently has an average rating of “Buy” and a consensus target price of GBX 1.20.
Read Our Latest Research Report on KOD
Kodal Minerals Trading Down 2.2%
About Kodal Minerals
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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