Technology Minerals (LON:TM1) Stock Price Down 9.8% – Here’s Why

Technology Minerals Plc (LON:TM1Get Free Report)’s stock price fell 9.8% during mid-day trading on Wednesday . The stock traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.10 ($0.00). 13,447,767 shares were traded during trading, a decline of 79% from the average session volume of 64,072,395 shares. The stock had previously closed at GBX 0.11 ($0.00).

Technology Minerals Stock Performance

The company has a fifty day simple moving average of GBX 0.14 and a 200 day simple moving average of GBX 0.14. The company has a current ratio of 0.06, a quick ratio of 0.66 and a debt-to-equity ratio of 13.13.

Technology Minerals (LON:TM1Get Free Report) last released its earnings results on Tuesday, December 10th. The company reported GBX (0.30) ($0.00) earnings per share for the quarter. On average, equities research analysts forecast that Technology Minerals Plc will post 0.0442708 EPS for the current year.

Technology Minerals Company Profile

(Get Free Report)

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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