Technology Minerals (LON:TM1) Stock Price Up 13% – Time to Buy?

Technology Minerals Plc (LON:TM1)’s stock price traded up 13% during mid-day trading on Thursday . The stock traded as high as GBX 0.13 ($0.00) and last traded at GBX 0.13 ($0.00). 9,301,493 shares traded hands during trading, a decline of 85% from the average session volume of 64,129,309 shares. The stock had previously closed at GBX 0.12 ($0.00).

Technology Minerals Price Performance

The firm has a 50-day moving average of GBX 0.14 and a 200-day moving average of GBX 0.16. 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 released its earnings results on Tuesday, December 10th. The company reported GBX (0.30) ($0.00) earnings per share for the quarter. As a group, research analysts anticipate that Technology Minerals Plc will post 0.0442708 EPS 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.