Technology Minerals (LON:TM1) Shares Down 2.1% – Here’s Why

Technology Minerals Plc (LON:TM1)’s share price traded down 2.1% during trading on Thursday . The stock traded as low as GBX 0.14 ($0.00) and last traded at GBX 0.14 ($0.00). 52,202,941 shares changed hands during mid-day trading, an increase of 3% from the average session volume of 50,895,465 shares. The stock had previously closed at GBX 0.14 ($0.00).

Technology Minerals Price Performance

The stock’s fifty day simple moving average is GBX 0.14 and its two-hundred day simple moving average is GBX 0.16. 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: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 forecast 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.