Kodal Minerals (LON:KOD) Stock Price Down 9.4% – What’s Next?

Kodal Minerals PLC (LON:KOD) traded down 9.4% on Thursday. The stock traded as low as GBX 0.29 and last traded at GBX 0.30. 50,860,918 shares were traded during trading, an increase of 0% from the average daily volume of 50,782,090 shares. The stock had previously closed at GBX 0.33.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reaffirmed a “speculative buy” rating and set a GBX 1.20 price objective on shares of Kodal Minerals in a report on Wednesday, September 30th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 1.20.

Kodal Minerals Stock Performance

The business’s fifty day moving average price is GBX 0.28 and its two-hundred day moving average price is GBX 0.30. The stock has a market capitalization of £61.12 million, a P/E ratio of -6.13 and a beta of 0.18.

Kodal Minerals (LON:KOD) last announced its quarterly earnings results on Wednesday, September 30th. The company reported GBX 0.02 EPS for the quarter.

Kodal Minerals Company Profile

Kodal Minerals plc, the AIM-quoted West African lithium explorer, developer and producer, is the co-developer of its flagship Bougouni Lithium Project in Southern Mali alongside joint venture partner Hainan Mining, a subsidiary of Hong Kong-listed Fosun International.

The Bougouni Lithium Project covers 350km² in the world-class Birimian terrain of West Africa, located approximately 180km south of Mali’s capital Bamako. The Stage 1 Dense Media Separation (‘DMS’) processing plant, which achieved first spodumene concentrate production in February 2025, has a target output of 125ktpa Li?O spodumene concentrate.