Kodal Minerals (KOD) AI Stock Analysis

• Market Cap: £71.88M
• Dividend Yield: N/A
• Average Volume (3M): 47.41M
• Price to Earnings (P/E): 2.4
• Beta (1Y): -0.21
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: UK
• Employees: 60
• Sector: Basic Materials
• Sector Strength: 61
• Industry: Industrial Materials
• EPS (TTM): <0.01
• Shares Outstanding: 20,247,367,000
• 10 Day Avg. Volume: 47,169,076
• 30 Day Avg. Volume: 47,409,899
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 138.90
• P/FCF Ratio: -42948.40
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £1.00
• Price Target Upside: 177.78% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

Kodal Minerals' overall score reflects a company in transition. Strengths include a debt-free balance sheet and recent strategic milestones in lithium production, which could drive future growth. However, the current lack of revenue, negative cash flows, and neutral technical indicators present significant challenges. The company's valuation suggests potential upside, contingent on overcoming operational hurdles.

Kodal Minerals Business Overview & Revenue Model

Company Description

Kodal Minerals (KOD) is a mineral exploration and development company focused on identifying and advancing high-quality mineral resource opportunities. The company primarily operates in the mining sector, with a particular emphasis on lithium and gold projects. Kodal Minerals is actively involved in the exploration and development of its flagship Bougouni Lithium Project in southern Mali, alongside other strategic mineral exploration endeavors.

How the Company Makes Money

Kodal Minerals makes money through the exploration and development of mineral resources, primarily focusing on lithium and gold. The company's revenue model is based on advancing its mineral projects to increase their value and attractiveness to potential buyers or partners. Key revenue streams include the sale of mineral rights, joint venture agreements, and potential future production revenues from mining operations. Significant partnerships, such as strategic alliances with other mining companies or investment entities, can also contribute to the company's earnings by providing funding and technical expertise required for project development.

Kodal Minerals Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
-13.14K	-15.31K	―	―	―
	EBIT
-3.34M	-1.46M	-883.53K	-590.86K	-629.62K
	EBITDA
-1.77M	-1.45M	-896.17K	-585.04K	-623.58K
	Net Income Common Stockholders
27.19M	-1.46M	-903.09K	-655.88K	-629.39K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
16.33M	1.05M	2.43M	33.22K	1.41M
	Total Assets
57.57M	12.50M	13.26M	8.71M	8.40M
	Total Debt
0.00	0.00	0.00	0.00	0.00
	Net Debt
-16.33M	-1.05M	-2.43M	-33.22K	-1.41M
	Total Liabilities
139.30K	406.34K	624.62K	658.71K	597.25K
	Stockholders Equity
57.43M	12.09M	12.64M	8.05M	7.80M
Cash Flow		Free Cash Flow
-5.27M	-3.24M	-1.11M	-2.08M	-3.74M
	Operating Cash Flow
-2.53M	-768.24K	-575.52K	-527.78K	-349.76K
	Investing Cash Flow
3.47M	-2.48M	-535.95K	-1.55M	-3.39M
	Financing Cash Flow
14.87M	1.96M	3.51M	690.00K	2.21M

Kodal Minerals Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.36
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:KOD, the sentiment is Negative. The current price of 0.36 is below the 20-day moving average (MA) of 0.38, below the 50-day MA of 0.38, and below the 200-day MA of 0.42, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 42.81 is Neutral, neither overbought nor oversold. The STOCH value of 19.05 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:KOD.

Kodal Minerals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KOD	50 Neutral	£71.88M	2.37	47.34%	―	―	―
EMH	50 Neutral	AU$46.68M	―	-7.08%	―	-100.00%	61.59%
Sector *	49 Neutral	$1.95B	-1.61	-21.88%	3.78%	0.55%	-26.94%
ALL	45 Neutral	£48.52M	―	-21.55%	―	―	41.32%

Kodal Minerals Corporate Events

Kodal Minerals Secures Key Licence Transfer for Bougouni Lithium Project

Kodal Minerals has announced the successful transfer of the Foulaboula exploitation permit, a crucial mining licence for its Bougouni Lithium Project, to its subsidiary, Les Mines de Lithium de Bougouni. This transfer ensures the licence remains valid and allows the company to proceed with finalizing export permits for spodumene concentrate, with exports expected to begin next quarter. Additionally, compliance issues regarding the inclusion of the Government of Mali as a shareholder in the mining company have been resolved.

Spark’s Take on GB:KOD Stock

According to Spark, TipRanks’ AI Analyst, GB:KOD is a Neutral.

Kodal Minerals presents a mixed investment case. Its financial strength lies in a debt-free balance sheet, but zero revenue and negative cash flow pose significant risks. Technical indicators are neutral to bearish, while the valuation suggests potential undervaluation. Significant corporate milestones in lithium production could drive future growth, offering a positive outlook amid operational challenges.

To see Spark’s full report on GB:KOD stock, click here.

Kodal Minerals Advances Bougouni Lithium Project Amid Licensing Delays

Kodal Minerals has announced significant progress at its Bougouni Lithium Project in Mali, with the construction nearing completion and the production of over 11,000 tonnes of spodumene concentrate. The company is ramping up towards commercial production, but the transfer of the mining license is pending final approval from the President of Mali. This delay has led to a request for an extension on a payment to the Mali government. The project has demonstrated strong local engagement, employing a high percentage of Malian workers, and is expected to enhance local infrastructure with new road construction.

Kodal Minerals’ Bougouni Project Achieves First Spodumene Production

Kodal Minerals has announced the release of a new corporate presentation highlighting the first production of spodumene at its Bougouni Lithium Project in Mali. This milestone marks a significant advancement in the company’s operations, potentially enhancing its competitive positioning in the lithium market and offering promising implications for stakeholders.

Kodal Minerals Achieves First Spodumene Concentrate Production at Bougouni

Kodal Minerals has announced the successful production of its first spodumene concentrate at the Bougouni Lithium Project, marking a significant milestone for the company. The production was achieved ahead of schedule during the commissioning phase of the Dense Media Separation processing plant. With an initial concentrate grade of 5.53% Li2O, the company is on track to ramp up operations to full capacity shortly. This development positions Kodal Minerals well within the lithium market, as the mining and processing operations have commenced continuous operations, and preparations for the first shipment of lithium spodumene concentrate to China are underway.