Technology Minerals (LON:TM1) Trading Down 1% – Here’s Why

Shares of Technology Minerals Plc (LON:TM1Get Free Report) were down 1% on Thursday . The stock traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.10 ($0.00). Approximately 452,441 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 41,335,316 shares. The stock had previously closed at GBX 0.10 ($0.00).

Technology Minerals Stock Down 13.0 %

The company has a debt-to-equity ratio of 13.13, a current ratio of 0.06 and a quick ratio of 0.66. The business has a 50 day simple moving average of GBX 0.11 and a 200-day simple moving average of GBX 0.12.

Technology Minerals (LON:TM1Get Free Report) last released its earnings results on Monday, March 31st. The company reported GBX 0.05 ($0.00) earnings per share for the quarter. On average, equities analysts forecast that Technology Minerals Plc will post 0.0442708 EPS for the current fiscal year.

Technology Minerals Company Profile

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Technology Minerals is developing the UK’s first listed, sustainable circular economy for battery metals, using cutting-edge technology to recycle, recover, and re-use battery technologies for a renewable energy future. The Company currently holds 48.35% of the issued share capital of Recyclus Group Ltd, the UK’s first industrial-scale recycler of both lithium-ion and lead acid batteries.

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