Technology Minerals (LON:TM1) Trading 10% Higher – Here’s Why

Technology Minerals Plc (LON:TM1Get Free Report)’s share price traded up 10% during mid-day trading on Wednesday . The stock traded as high as GBX 0.11 ($0.00) and last traded at GBX 0.11 ($0.00). 6,749,646 shares changed hands during mid-day trading, a decline of 80% from the average session volume of 33,086,203 shares. The stock had previously closed at GBX 0.10 ($0.00).

Technology Minerals Stock Performance

The firm’s fifty day moving average price is GBX 0.09 and its 200-day moving average price is GBX 0.08. The company has a current ratio of 0.06, a quick ratio of 0.66 and a debt-to-equity ratio of 13.13. The firm has a market cap of £2.85 million, a price-to-earnings ratio of -0.38 and a beta of 0.60.

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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