Technology Minerals (LON:TM1) Stock Price Up 20% – Should You Buy?

Shares of Technology Minerals Plc (LON:TM1Get Free Report) traded up 20% during trading on Monday . The company traded as high as GBX 0.15 ($0.00) and last traded at GBX 0.12 ($0.00). 52,400,301 shares changed hands during mid-day trading, a decline of 14% from the average session volume of 60,854,355 shares. The stock had previously closed at GBX 0.10 ($0.00).

Technology Minerals Price Performance

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 stock has a 50-day moving average of GBX 0.14 and a 200 day moving average of GBX 0.14.

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