Technology Minerals (LON:TM1) Trading Down 1% – Here’s Why

Technology Minerals Plc (LON:TM1) fell 1% during mid-day trading on Thursday . The company traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.10 ($0.00). 452,441 shares changed hands during trading, a decline of 99% from the average session volume of 41,335,316 shares. The stock had previously closed at GBX 0.10 ($0.00).

Technology Minerals Stock Down 13.0 %

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 firm’s 50-day moving average price is GBX 0.11 and its 200 day moving average price is GBX 0.12.

Technology Minerals (LON:TM1) last issued its quarterly earnings data on Monday, March 31st. The company reported GBX 0.05 ($0.00) EPS for the quarter. On average, equities analysts predict that Technology Minerals Plc will post 0.0442708 earnings per share for the current fiscal year.

Technology Minerals Company Profile

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.