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Kodal Minerals (LON:KOD) Trading Down 5.7% - Should You Sell?

Kodal Minerals logo with Basic Materials background

Kodal Minerals PLC (LON:KOD - Get Free Report) traded down 5.7% during mid-day trading on Tuesday . The stock traded as low as GBX 0.33 ($0.00) and last traded at GBX 0.33 ($0.00). 10,378,462 shares were traded during trading, a decline of 81% from the average session volume of 55,564,652 shares. The stock had previously closed at GBX 0.35 ($0.00).

Kodal Minerals Stock Performance

The firm has a market cap of £65.54 million, a price-to-earnings ratio of 2,498.08 and a beta of 0.51. The business has a fifty day moving average of GBX 0.30 and a two-hundred day moving average of GBX 0.36.

Kodal Minerals Company Profile

(Get Free Report)

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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