Technology Minerals (LON:TM1) Reaches New 52-Week Low – Should You Sell?

Technology Minerals Plc (LON:TM1Get Free Report) hit a new 52-week low during trading on Friday . The company traded as low as GBX 0.06 ($0.00) and last traded at GBX 0.07 ($0.00), with a volume of 14016228 shares trading hands. The stock had previously closed at GBX 0.07 ($0.00).

Technology Minerals Trading Up 7.7 %

The company has a debt-to-equity ratio of 13.13, a quick ratio of 0.66 and a current ratio of 0.06. The firm’s 50 day simple moving average is GBX 0.09 and its 200 day simple moving average is GBX 0.11.

Technology Minerals (LON:TM1Get Free Report) last posted its quarterly earnings results on Monday, March 31st. The company reported GBX 0.05 ($0.00) earnings per share for the quarter. On average, analysts anticipate 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.

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