Technology Minerals (LON:TM1) Trading Down 10% – What’s Next?

Technology Minerals Plc (LON:TM1) traded down 10% during mid-day trading on Wednesday . The company traded as low as GBX 0.09 ($0.00) and last traded at GBX 0.09 ($0.00). 307,007 shares changed hands during trading, a decline of 99% from the average session volume of 49,991,344 shares. The stock had previously closed at GBX 0.10 ($0.00).

Technology Minerals Price Performance

The business’s fifty day moving average is GBX 0.12 and its 200-day moving average is GBX 0.13. 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:TM1) last posted its quarterly earnings data on Tuesday, December 10th. The company reported GBX (0.30) ($0.00) earnings per share (EPS) for the quarter. On average, equities research analysts anticipate that Technology Minerals Plc will post 0.0442708 EPS for the current 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.