Analyst Price Target is GBX 0.70
▲ +155.47% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Kodal Minerals in the last 3 months. The average price target is GBX 0.70, with a high forecast of GBX 0.70 and a low forecast of GBX 0.70. The average price target represents a 155.47% upside from the last price of GBX 0.27.
Current Consensus is
Buy
The current consensus among 1 contributing investment analysts is to buy stock in Kodal Minerals. This Buy consensus rating has held steady for over two years.
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. Stage 2 Floatation plant is expected to commence operations in 2028 with a forecast output of 230ktpa Li₂O.
Bougouni is owned by Les Mines de Lithium de Bougouni SA ('LMLB'), in which Kodal Mining UK Limited ('KMUK') holds a 65 per cent shareholding. Kodal has a 49 per cent shareholding in KMUK. The company also has a number of highly prospective gold assets in its diverse portfolio located in West Africa.
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