Kodal Minerals (LON:KOD) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

Kodal Minerals PLC (LON:KOD)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 0.49 ($0.01) and traded as low as GBX 0.28 ($0.00). Kodal Minerals shares last traded at GBX 0.32 ($0.00), with a volume of 137,675,361 shares trading hands.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a “speculative buy” rating and set a GBX 1.45 ($0.02) target price on shares of Kodal Minerals in a research note on Thursday, September 26th.

Kodal Minerals Trading Down 3.1 %

The company has a debt-to-equity ratio of 6.01, a current ratio of 142.38 and a quick ratio of 2.59. The firm’s 50-day moving average is GBX 0.44 and its 200 day moving average is GBX 0.49.

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.