Kodal Minerals (KOD) AI Stock Analysis

• Market Cap: £71.88M
• Dividend Yield: N/A
• Average Volume (3M): 51.33M
• Price to Earnings (P/E): 2.4
• Beta (1Y): 0.14
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: UK
• Employees: 60
• Sector: Basic Materials
• Sector Strength: 56
• Industry: Mining
• EPS (TTM): <0.01
• Shares Outstanding: 20,247,367,000
• 10 Day Avg. Volume: 42,117,719
• 30 Day Avg. Volume: 51,326,159
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): 138.90
• P/FCF Ratio: 0.00
• 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: 1.00p
• Price Target Upside: 177.78% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

Kodal Minerals' overall stock score reflects a mix of strengths and challenges. The company's strong balance sheet and recent project milestones are significant positives, enhancing its strategic market position. However, the lack of revenue generation and ongoing cash burn are key concerns. The low P/E ratio suggests potential undervaluation, but technical indicators show a neutral trend. The company's future performance will largely depend on its ability to capitalize on recent project developments and improve operational cash flow.

Kodal Minerals Business Overview & Revenue Model

Company Description

Kodal Minerals PLC is a mining and exploration company that acquires or discovers and develops mineral assets. Its operating segments include West African Gold Projects, the West African Lithium Projects, the Norway Projects, and the UK administration operations. The company has legacy interests in Norway including the Kodal phosphate and iron deposit in the south of the country and the copper focussed Grimeli Project in West. Its Bougouni Project consists of two concessions, the Kolassokoro and Madina licences, which cover a contiguous area of around 500 square kilometers.

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: Neutral

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 0.39, below the 50-day MA of 0.40, and below the 200-day MA of 0.45, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 37.13 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, 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	55 Neutral	£71.88M	2.37	47.34%	―	―	―
Sector *	47 Neutral	$2.64B	-4.00	-31.55%	3.33%	2.93%	-29.90%
ALL	46 Neutral	£60.34M	―	-35.67%	―	―	5.36%

Kodal Minerals Corporate Events

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.

Kodal Minerals Sees Stakeholder Adjustment with Suay Chin Share Sale

Kodal Minerals announced a significant transaction where Suay Chin International Pte Ltd sold 3 million ordinary shares, adjusting its holding to approximately 10.99% of the company’s issued share capital. This transaction reflects potential shifts in stakeholder positions and could influence the company’s market dynamics.

Kodal Minerals Achieves Major Milestone at Bougouni Lithium Project

Kodal Minerals has successfully installed and operationalized a power generation plant at its Bougouni Lithium Project in Southern Mali, marking a significant milestone towards the full commissioning of its Dense Media Separation (DMS) processing plant. This advancement, fully funded through a US$117.5 million investment, positions Kodal to commence commercial lithium production by the first quarter of 2025, enhancing its standing as a potential first London-listed lithium producer in West Africa.

Kodal Minerals Nears Completion of Bougouni Lithium Project Amid Strong Financial Position

Kodal Minerals has announced its interim results for the six months ending September 2024, highlighting progress in the Bougouni Lithium Project in Mali. The company has nearly completed the construction of the Dense Media Separation processing plant, targeting production in early 2025. Despite weather-related delays, construction has accelerated, and key legal steps have been completed with the Malian government to ensure smooth project operations. Kodal remains financially strong, with significant cash reserves, allowing for continued exploration and growth opportunities.

Kodal Minerals Advances Bougouni Lithium Project Towards 2025 Production

Kodal Minerals has announced progress in the development of its Bougouni Lithium Project, which is fully funded through a $117.5 million transaction. The company is on track to commence production in early 2025, with significant advancements in the construction and commissioning of its processing plant, including the startup of the first crusher module. This progress underscores Kodal’s commitment to enhancing its lithium mining operations, potentially impacting its market position and offering stakeholders visibility into its operational timelines.