Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Kodal Minerals ( (GB:KOD) ) has issued an update.
Kodal Minerals announced the exercise of warrants by executive director Steven Zaninovich, resulting in the issuance of 33,333,334 new ordinary shares and raising £65,000 for the company. This transaction increases Zaninovich’s shareholding to 0.33% of the company’s enlarged share capital, and the new shares are expected to commence trading on AIM on 7 July 2025. The total voting rights in the company will be adjusted accordingly, impacting shareholder calculations under the UK Financial Conduct Authority’s rules.
The most recent analyst rating on (GB:KOD) stock is a Buy with a £1.00 price target. To see the full list of analyst forecasts on Kodal Minerals stock, see the GB:KOD Stock Forecast page.
Spark’s Take on GB:KOD Stock
According to Spark, TipRanks’ AI Analyst, GB:KOD is a Neutral.
Kodal Minerals is at a transitional stage with a strong balance sheet and recent progress in lithium production. However, the lack of revenue and negative cash flows are primary concerns. The stock may be undervalued, presenting potential upside if operational improvements are realized. Corporate events positively impact the outlook, but technical indicators remain neutral to bearish.
To see Spark’s full report on GB:KOD stock, click here.
More about Kodal Minerals
Kodal Minerals Plc operates in the mining sector, focusing on mineral exploration and development. The company is listed on the AIM market and is involved in the extraction and development of mineral resources.
Average Trading Volume: 52,812,462
Technical Sentiment Signal: Sell
Current Market Cap: £51.63M
Find detailed analytics on KOD stock on TipRanks’ Stock Analysis page.