Technology Minerals (LON:TM1) Trading Up 11.1% – Time to Buy?

Technology Minerals Plc (LON:TM1Get Free Report) shot up 11.1% on Thursday . The company traded as high as GBX 0.10 ($0.00) and last traded at GBX 0.10 ($0.00). 1,740,402 shares changed hands during trading, a decline of 96% from the average session volume of 49,068,266 shares. The stock had previously closed at GBX 0.09 ($0.00).

Technology Minerals Price Performance

The firm’s fifty day moving average is GBX 0.12 and its two-hundred day moving average is GBX 0.13. The company has a debt-to-equity ratio of 13.13, a current ratio of 0.06 and a quick ratio of 0.66.

Technology Minerals (LON:TM1Get Free Report) last issued its quarterly earnings results on Tuesday, December 10th. The company reported GBX (0.30) ($0.00) earnings per share for the quarter. On average, analysts anticipate that Technology Minerals Plc will post 0.0442708 EPS for the current fiscal 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.

Further Reading

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