Tertiary Minerals (LON:TYM) Stock Price Up 18.9% – Still a Buy?

Tertiary Minerals plc (LON:TYMGet Free Report)’s stock price shot up 18.9% on Wednesday . The company traded as high as GBX 0.07 and last traded at GBX 0.06. 102,748,781 shares were traded during trading, an increase of 68% from the average daily volume of 61,335,480 shares. The stock had previously closed at GBX 0.05.

Tertiary Minerals Trading Up 8.3%

The company’s fifty day simple moving average is GBX 0.07 and its 200-day simple moving average is GBX 0.08. The firm has a market capitalization of £3.35 million, a PE ratio of -6.50 and a beta of -0.50. The company has a debt-to-equity ratio of 40.39, a current ratio of 0.47 and a quick ratio of 5.85.

Tertiary Minerals (LON:TYMGet Free Report) last released its earnings results on Wednesday, June 24th. The company reported GBX (0.01) EPS for the quarter. Tertiary Minerals had a negative return on equity of 52.62% and a negative net margin of 401.15%.The company had revenue of GBX 6,572 million for the quarter.

About Tertiary Minerals

(Get Free Report)

Tertiary Minerals plc, together with its subsidiaries, engages in the identification, acquisition, exploration, and development of mineral projects. It explores for base and precious metal, copper, gold, and silver deposits in Zambia and in Nevada. Tertiary Minerals plc was incorporated in 1999 and is headquartered in Macclesfield, the United Kingdom.

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