Technology Minerals (LON:TM1) Shares Up 4.3% – Here’s Why

Technology Minerals Plc (LON:TM1) shares traded up 4.3% during trading on Thursday . The stock traded as high as GBX 0.13 ($0.00) and last traded at GBX 0.12 ($0.00). 72,270,016 shares traded hands during mid-day trading, a decline of 2% from the average session volume of 73,943,516 shares. The stock had previously closed at GBX 0.12 ($0.00).

Technology Minerals Stock Performance

The business has a 50 day moving average of GBX 0.14 and a two-hundred day moving average of GBX 0.15. The company has a debt-to-equity ratio of 13.13, a quick ratio of 0.66 and a current ratio of 0.06.

Technology Minerals (LON:TM1) last issued its earnings results on Tuesday, December 10th. The company reported GBX (0.30) ($0.00) earnings per share for the quarter. On average, equities research analysts forecast that Technology Minerals Plc will post 0.0442708 earnings per share for the current year.

About Technology Minerals

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.