Kodal Minerals (LON:KOD) Issues Earnings Results

Kodal Minerals (LON:KOD) released its quarterly earnings results on Wednesday. The company reported GBX 0.02 earnings per share (EPS) for the quarter, Digital Look Earnings reports.

Kodal Minerals Stock Up 4.3%

LON KOD opened at GBX 0.29 on Thursday. The firm has a market cap of £59.08 million, a P/E ratio of -5.93 and a beta of 0.18. Kodal Minerals has a 52-week low of GBX 0.22 and a 52-week high of GBX 0.62. The business’s 50-day moving average price is GBX 0.28 and its 200 day moving average price is GBX 0.30.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group restated a “speculative buy” rating and set a GBX 1.20 target price on shares of Kodal Minerals in a research report on Wednesday. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of GBX 1.20.

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 Li₂O spodumene concentrate.