Technology Minerals (LON:TM1) Trading Down 13.2% – Time to Sell?

Technology Minerals Plc (LON:TM1)’s stock price fell 13.2% during trading on Thursday . The company traded as low as GBX 0.18 ($0.00) and last traded at GBX 0.23 ($0.00). 266,196,500 shares were traded during trading, an increase of 2,143% from the average session volume of 11,868,420 shares. The stock had previously closed at GBX 0.27 ($0.00).

Technology Minerals Price Performance

The company has a current ratio of 0.06, a quick ratio of 0.66 and a debt-to-equity ratio of 13.13. The company’s 50-day simple moving average is GBX 0.11 and its two-hundred day simple moving average is GBX 0.20.

Technology Minerals Company Profile

Technology Minerals PLC operates as a mineral exploration company. It explores for battery metals comprising cobalt, copper, lithium, nickel, and manganese. The company operates mineral resource projects in Ireland, Spain, Cameroon, and the United States. Technology Minerals Plc was 2021 and is based in London, the United Kingdom.