Canaccord Genuity Group Reiterates Speculative Buy Rating for Kodal Minerals (LON:KOD)

Canaccord Genuity Group reaffirmed their speculative buy rating on shares of Kodal Minerals (LON:KOD) in a research report released on Thursday morning, Marketbeat.com reports. Canaccord Genuity Group currently has a GBX 1.45 ($0.02) price objective on the stock.

Kodal Minerals Stock Performance

LON KOD opened at GBX 0.47 ($0.01) on Thursday. Kodal Minerals has a fifty-two week low of GBX 0.27 ($0.00) and a fifty-two week high of GBX 0.77 ($0.01). The company has a current ratio of 142.38, a quick ratio of 2.59 and a debt-to-equity ratio of 6.01. The stock has a 50 day simple moving average of GBX 0.51 and a two-hundred day simple moving average of GBX 0.50.

Kodal Minerals Company Profile

Kodal Minerals PLC, together with its subsidiaries, engages in the exploration and evaluation of mineral resources in the United Kingdom and West Africa. The company explores for lithium and gold deposits. Its flagship project is the Bougouni Lithium project located in Mali. Kodal Minerals PLC was incorporated in 2010 and is based in London, the United Kingdom.