Technology Minerals (LON:TM1) Trading Down 10% – Time to Sell?

Shares of Technology Minerals Plc (LON:TM1Get Free Report) dropped 10% on Wednesday . The stock traded as low as GBX 0.09 ($0.00) and last traded at GBX 0.09 ($0.00). Approximately 307,007 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 49,991,344 shares. The stock had previously closed at GBX 0.10 ($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 company has a fifty day simple moving average of GBX 0.12 and a two-hundred day simple moving average of GBX 0.13.

Technology Minerals (LON:TM1Get Free Report) last released its quarterly earnings results on Tuesday, December 10th. The company reported GBX (0.30) ($0.00) EPS for the quarter. As a group, equities analysts forecast that Technology Minerals Plc will post 0.0442708 EPS for the current year.

Technology Minerals Company Profile

(Get Free Report)

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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