Technology Minerals (LON:TM1) Trading Down 11.1% – What’s Next?

Technology Minerals Plc (LON:TM1Get Free Report) was down 11.1% on Tuesday . The stock traded as low as GBX 0.08 ($0.00) and last traded at GBX 0.08 ($0.00). Approximately 60,947,000 shares changed hands during trading, an increase of 53% from the average daily volume of 39,718,324 shares. The stock had previously closed at GBX 0.09 ($0.00).

Technology Minerals Price Performance

The firm has a 50 day moving average of GBX 0.10 and a two-hundred day moving average of GBX 0.12. The company has a debt-to-equity ratio of 13.13, a quick ratio of 0.66 and a current ratio of 0.06.

Technology Minerals (LON:TM1Get Free Report) last issued its quarterly earnings data on Monday, March 31st. The company reported GBX 0.05 ($0.00) earnings per share for the quarter. As a group, sell-side analysts anticipate that Technology Minerals Plc will post 0.0442708 earnings per share for the current fiscal year.

About Technology Minerals

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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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