Kodal Minerals (LON:KOD) Stock Passes Below 200 Day Moving Average of $0.45

Kodal Minerals PLC (LON:KODGet Free Report)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 0.45 ($0.01) and traded as low as GBX 0.33 ($0.00). Kodal Minerals shares last traded at GBX 0.34 ($0.00), with a volume of 41,341,007 shares traded.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group raised their target price on shares of Kodal Minerals from GBX 1.65 ($0.02) to GBX 1.85 ($0.02) and gave the stock a “speculative buy” rating in a research note on Tuesday, November 14th.

Read Our Latest Research Report on Kodal Minerals

Kodal Minerals Stock Up 0.9 %

The company has a quick ratio of 2.59, a current ratio of 0.46 and a debt-to-equity ratio of 6.01. The firm’s 50 day simple moving average is GBX 0.34 and its two-hundred day simple moving average is GBX 0.45.

About Kodal Minerals

(Get Free Report)

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.

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