Technology Minerals (LON:TM1) Releases Earnings Results

Technology Minerals (LON:TM1) issued its earnings results on Monday. The company reported GBX 0.05 ($0.00) earnings per share for the quarter, Digital Look Earnings reports.

Technology Minerals Stock Down 13.0 %

TM1 traded down GBX 0.01 ($0.00) on Wednesday, hitting GBX 0.09 ($0.00). 3,866,708 shares of the company’s stock traded hands, compared to its average volume of 41,932,887. The company’s 50 day simple moving average is GBX 0.11 and its 200-day simple moving average is GBX 0.12. The company has a quick ratio of 0.66, a current ratio of 0.06 and a debt-to-equity ratio of 13.13. Technology Minerals has a one year low of GBX 0.06 ($0.00) and a one year high of GBX 1 ($0.01).

About Technology Minerals

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.