Kodal Minerals PLC (LON:KOD - Get Free Report) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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 0.34 ($0.00), with a volume of 35,001,824 shares trading hands.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group restated a "speculative buy" rating and issued a GBX 1 ($0.01) target price on shares of Kodal Minerals in a research note on Tuesday, February 11th.
View Our Latest Stock Report on KOD
Kodal Minerals Trading Down 3.1 %
The stock has a market capitalization of £70.38 million, a price-to-earnings ratio of 2,682.55 and a beta of 0.51. The stock has a 50-day moving average price of GBX 0.38 and a 200 day moving average price of GBX 0.38.
About Kodal Minerals
(
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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.
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