Technology Minerals (LON:TM1) Trading 20% Higher – Time to Buy?

Technology Minerals Plc (LON:TM1) was up 20% during mid-day trading on Monday . The company traded as high as GBX 0.15 ($0.00) and last traded at GBX 0.12 ($0.00). Approximately 52,400,301 shares were traded during trading, a decline of 14% from the average daily volume of 60,854,355 shares. The stock had previously closed at GBX 0.10 ($0.00).

Technology Minerals Trading Up 30.0 %

The company has a quick ratio of 0.66, a current ratio of 0.06 and a debt-to-equity ratio of 13.13. The business’s fifty day moving average is GBX 0.14 and its 200-day moving average is GBX 0.14.

Technology Minerals (LON:TM1) last released 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 predict 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.