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Kodal Minerals

16:57 on 17/11/2017

Current Price 0.20p | Bid 0.20p | Ask 0.20p | Change -5.95%

Company Overview

Kodal Minerals plc was incorporated in April 2010 for the purposes of acquiring or discovering and developing mineral assets. The Company entered into an acquisition agreement with Tetra Minerals on 12 October 2012 pursuant to which the Company was granted the right to acquire the entire issued share capital of Kodal Phosphate AS, subject to certain conditions, including admission to AIM. Kodal Phosphate AS is the registered holder of exploration licences over the Kodal deposit, a phosphate and titanomagnetite deposit situated in southern Norway, approximately 20 km north of Larvik (the Kodal Project). Since October 2012, the Company has undertaken and financed a number of work programmes on the Kodal Project with the intention of validating available historical data on the project and establishing a resource estimation for the deposit. The Company is undertaking a placing of new shares to finance the next work programme on the Kodal Project with a view to eventually bringing it into commercial production, subject to obtaining the necessary consents and approvals.

Stock Details

Shares in Issue 1,049,854,849
Market cap £ 0.53m
Sector Mining
Indices FTSE AIM All-Share Index

Financial Highlights Year Ended 31/03/2014

Turnover £0.00 million
Operating Profit £-0.23 million
Dividend Yield 0.00
Dividend Per Share 0.00
Dividend Cover 0.00
P/E Ratio -1.09
» More Financials

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Price Summary

Mid Price ? 0.20p
Bid Price ? 0.20p
Ask Price ? 0.20p
Volume ? 33942268
Change Today -0.01p
% Change Today -5.95%
Open 0.20p
Previous Close 0.20p
Intraday High 0.21p
Intraday Low 0.19p
52 Week High 0.10p
52 Week Low 0.04p

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Broker Consensus

The above information represents a selection of the views and target prices published in the last 120 days by analysts in individual stocks. It is subject to change without notice and may not necessarily be the view held by Redmayne-Bentley.

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