Kodal Minerals (LON:KOD) Stock Falls 9.4% – Should You Sell?

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

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a “speculative buy” rating and issued a GBX 1.20 target price on shares of Kodal Minerals in a research report on Wednesday, September 30th. One equities research analyst has rated the stock with a Buy rating. According to MarketBeat.com, Kodal Minerals currently has an average rating of “Buy” and a consensus price target of GBX 1.20.

Kodal Minerals Stock Up 2.7%

The firm has a market cap of £62.75 million, a PE ratio of -6.30 and a beta of 0.18. The company’s fifty day moving average price is GBX 0.28 and its two-hundred day moving average price is GBX 0.30.

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

About Kodal Minerals

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.