Kodal Minerals (KOD) AI Stock Analysis

• Market Cap: £60.74M
• Dividend Yield: N/A
• Average Volume (3M): 48.90M
• Price to Earnings (P/E): 2.1
• Beta (1Y): -0.31
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: UK
• Employees: 60
• Sector: Basic Materials
• Sector Strength: 71
• Industry: Industrial Materials
• EPS (TTM): 0.00
• Shares Outstanding: 20,247,367,000
• 10 Day Avg. Volume: 41,861,115
• 30 Day Avg. Volume: 48,895,740
• PEG Ratio: 0.00
• Price to Book (P/B): 5.46
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -20.36
• 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: 233.33% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 48 Neutral
• Price Target: ―

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.

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

Kodal Minerals shows a strong balance sheet with no debt, but the absence of revenue and negative cash flows indicate operational challenges. Although net income has improved, the company's long-term sustainability depends on generating revenue and reducing cash burn.

Income Statement

Kodal Minerals has reported zero revenue consistently, indicating a lack of operational income. However, the company shows a significant improvement in net income for 2024, transitioning from losses in previous years. This could be a result of non-operational income or strategic financial adjustments.

Balance Sheet

The balance sheet is strong with no debt, leading to a debt-to-equity ratio of 0, which is favorable in terms of financial leverage. The equity ratio is high, reflecting financial stability. However, the company has not generated revenue, which might affect long-term sustainability unless operational performance improves.

Cash Flow

Operating cash flow remains negative, yet there is significant improvement in cash position due to financing activities. The free cash flow remains negative, indicating ongoing cash burn, which could be a concern if not offset by future revenue or continued financing.

Breakdown	TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	-13.14K	-15.31K	―	―	―
EBITDA	―	-1.77M	-1.45M	-896.17K	-585.04K	-623.58K
Net Income	27.70K	27.19M	-1.46M	-903.09K	-655.88K	-629.39K
Balance Sheet
Total Assets	54.00M	57.57M	12.50M	13.26M	8.71M	8.40M
Cash, Cash Equivalents and Short-Term Investments	18.11M	16.33M	1.05M	2.43M	33.22K	1.41M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	93.12K	139.30K	406.34K	624.62K	658.71K	597.25K
Stockholders Equity	53.91M	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	12.10K	14.87M	1.96M	3.51M	690.00K	2.21M

Kodal Minerals Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.30
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:KOD, the sentiment is Positive. The current price of 0.3 is above the 20-day moving average (MA) of 0.26, above the 50-day MA of 0.30, and below the 200-day MA of 0.37, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 57.35 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:KOD.

Kodal Minerals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$10.27B	9.83	-0.18%	2.87%	2.21%	-32.50%
KOD	48 Neutral	£60.74M	2.14	47.34%	―	―	―
ALL	47 Neutral	£46.79M	―	-21.55%	―	―	41.32%
EMH	41 Neutral	AU$33.19M	―	-7.08%	―	-100.00%	61.59%

Kodal Minerals Corporate Events

Kodal Minerals Secures $15 Million Loan for Bougouni Project Expansion

Kodal Minerals has secured a loan facility of up to US$15 million from Hong Kong Xinmao Investment Co., Limited, a subsidiary of Hainan Mining Co., Ltd, to support its Bougouni Lithium Project in Mali. The initial drawdown of US$7.5 million has been used to fulfill a payment obligation under a memorandum of understanding with the State of Mali. The company is ramping up its dense media separation processing plant, which has already produced over 20,000 tonnes of spodumene concentrate, and is preparing for the export of its product. The loan facility is expected to be repaid from sales revenue once exports commence, positioning Kodal to improve its operational capabilities and market presence.

Spark’s Take on GB:KOD Stock

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

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.

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

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.