Kodal Minerals (LON:KOD) Shares Pass Below 200 Day Moving Average of $0.28

Kodal Minerals Plc (LON:KODGet Rating) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 0.28 ($0.00) and traded as low as GBX 0.27 ($0.00). Kodal Minerals shares last traded at GBX 0.28 ($0.00), with a volume of 25,198,957 shares trading hands.

Kodal Minerals Stock Performance

The company has a current ratio of 2.59, a quick ratio of 2.59 and a debt-to-equity ratio of 6.01. The stock’s 50 day simple moving average is GBX 0.25 and its 200 day simple moving average is GBX 0.28.

About Kodal Minerals

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Kodal Minerals Plc, together with its subsidiaries, engages in the exploration and evaluation of mineral resources in the United Kingdom and West Africa. The company explores for lithium and gold deposits. Its flagship project is the Bougouni Lithium project located in southern Mali. The company holds 100% interest in the Bougouni West lithium project, which covers an area of 200 square kilometers located in southern Mali; and holds 100% interest in the Nangalasso project located in southern Mali, the SLAM Project located in Mali, the Dabakala project located in central Cote d'Ivoire, and the Korhogo project located in north central Côte d'Ivoire.

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