Codan Ltd

CDA: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Codan: Riding the Wave of Higher Gold Prices and Increased Defense Spending

Esther Holloway

Jul 25, 2025

Codan's share price has risen more than 50% since early April. The company's main products are communication devices suitable for attaching to drones, command center technology, and metal detection equipment. Its broad customer base includes military and gold prospectors.

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Codan Ltd

Codan: Riding the Wave of Higher Gold Prices and Increased Defense Spending

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