Technology Minerals (LON:TM1) Shares Down 17.2% – Here’s Why

Shares of Technology Minerals Plc (LON:TM1Get Free Report) were down 17.2% on Tuesday . The stock traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.12 ($0.00). Approximately 25,210,893 shares traded hands during trading, a decline of 51% from the average daily volume of 51,415,055 shares. The stock had previously closed at GBX 0.15 ($0.00).

Technology Minerals Stock Performance

The company has a debt-to-equity ratio of 13.13, a current ratio of 0.06 and a quick ratio of 0.66. The stock has a 50 day simple moving average of GBX 0.14 and a 200 day simple moving average of GBX 0.17.

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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