Technology Minerals (LON:TM1) Reaches New 1-Year Low – What’s Next?

Technology Minerals Plc (LON:TM1Get Free Report) shares reached a new 52-week low on Tuesday . The stock traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.05 ($0.00), with a volume of 104840359 shares trading hands. The stock had previously closed at GBX 0.06 ($0.00).

Technology Minerals Price Performance

The company has a debt-to-equity ratio of 13.13, a current ratio of 0.06 and a quick ratio of 0.66. The firm has a 50-day moving average price of GBX 0.08 and a two-hundred day moving average price of GBX 0.11.

Technology Minerals (LON:TM1Get Free Report) last posted its quarterly earnings data on Monday, March 31st. The company reported GBX 0.05 ($0.00) earnings per share for the quarter. As a group, sell-side analysts predict that Technology Minerals Plc will post 0.0442708 EPS for the current year.

About Technology Minerals

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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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