Kodal Minerals PLC (LON:KOD - Get Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 0.38 ($0.01) and traded as low as GBX 0.33 ($0.00). Kodal Minerals shares last traded at GBX 0.35 ($0.00), with a volume of 22,951,590 shares traded.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group restated a "speculative buy" rating and set a GBX 1 ($0.01) price objective on shares of Kodal Minerals in a research report on Tuesday, February 11th.
View Our Latest Research Report on KOD
Kodal Minerals Trading Down 0.6%
The firm has a 50 day moving average price of GBX 0.37 and a 200 day moving average price of GBX 0.38. The stock has a market capitalization of £69.17 million, a PE ratio of 2,636.43 and a beta of 0.51.
Kodal Minerals Company Profile
(
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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.
Further Reading
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