Technology Minerals (LON:TM1) Shares Down 20.6% – Here’s What Happened

Technology Minerals Plc (LON:TM1 – Get Free Report) dropped 20.6% on Monday . The company traded as low as GBX 0.08 ($0.00) and last traded at GBX 0.10 ($0.00). Approximately 1,530,710 shares were traded during mid-day trading, a decline of 81% from the average daily volume of 7,864,346 shares. The stock had previously closed at GBX 0.13 ($0.00).

Technology Minerals Price Performance

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 stock has a fifty day simple moving average of GBX 0.17 and a 200-day simple moving average of GBX 0.38.

About Technology Minerals

(Get Free Report)

Technology Minerals PLC operates as a mineral exploration company. It explores for battery metals comprising cobalt, copper, lithium, nickel, and manganese. The company operates mineral resource projects in Ireland, Spain, Cameroon, and the United States. Technology Minerals Plc was 2021 and is based in London, the United Kingdom.

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