Technology Minerals (LON:TM1) Trading Down 11.3% – What’s Next?

Technology Minerals Plc (LON:TM1Get Free Report)’s stock price dropped 11.3% on Monday . The stock traded as low as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). Approximately 852,907 shares were traded during trading, a decline of 98% from the average daily volume of 38,220,512 shares. The stock had previously closed at GBX 0.08 ($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 stock’s 50-day simple moving average is GBX 0.10 and its two-hundred day simple moving average is GBX 0.12.

Technology Minerals (LON:TM1Get Free Report) last announced its quarterly earnings data on Monday, March 31st. The company reported GBX 0.05 ($0.00) earnings per share (EPS) for the quarter. Equities research analysts anticipate that Technology Minerals Plc will post 0.0442708 earnings per share 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.

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