Technology Minerals (LON:TM1) Trading Up 11.1% – What’s Next?

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

Technology Minerals Price Performance

The company has a current ratio of 0.06, a quick ratio of 0.66 and a debt-to-equity ratio of 13.13. The firm’s 50-day moving average price is GBX 0.12 and its 200 day moving average price is GBX 0.13.

Technology Minerals (LON:TM1Get Free Report) last posted its earnings results on Tuesday, December 10th. The company reported GBX (0.30) ($0.00) earnings per share (EPS) for the quarter. Equities research analysts predict that Technology Minerals Plc will post 0.0442708 EPS for the current year.

Technology Minerals Company Profile

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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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