Technology Minerals (LON:TM1) Trading 10% Higher – Here’s Why

Technology Minerals Plc (LON:TM1Get Free Report) shares traded up 10% on Wednesday . The stock traded as high as GBX 0.11 ($0.00) and last traded at GBX 0.11 ($0.00). 6,749,646 shares changed hands during trading, a decline of 80% from the average session volume of 33,086,203 shares. The stock had previously closed at GBX 0.10 ($0.00).

Technology Minerals Stock Performance

The company has a debt-to-equity ratio of 13.13, a quick ratio of 0.66 and a current ratio of 0.06. The stock has a market capitalization of £2.85 million, a PE ratio of -0.38 and a beta of 0.60. The firm’s 50 day moving average is GBX 0.09 and its two-hundred day moving average is GBX 0.08.

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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