Tertiary Minerals (LON:TYM) Trading Up 8.9% – Still a Buy?

Tertiary Minerals plc (LON:TYM) shares shot up 8.9% on Wednesday . The company traded as high as GBX 0.10 and last traded at GBX 0.10. 129,642 shares were traded during mid-day trading, a decline of 100% from the average session volume of 98,978,391 shares. The stock had previously closed at GBX 0.09.

Tertiary Minerals Price Performance

The firm’s 50 day simple moving average is GBX 0.09 and its 200-day simple moving average is GBX 0.06. The company has a market cap of £5.41 million, a price-to-earnings ratio of -5.25 and a beta of -0.50.

Tertiary Minerals (LON:TYM) last posted its earnings results on Wednesday, February 18th. The company reported GBX (0.01) EPS for the quarter. Tertiary Minerals had a negative return on equity of 42.89% and a negative net margin of 291.13%.

Tertiary Minerals Company Profile

Tertiary Minerals plc, together with its subsidiaries, engages in the identification, acquisition, exploration, and development of mineral projects. It explores for base and precious metal, copper, gold, and silver deposits in Zambia and in Nevada. Tertiary Minerals plc was incorporated in 1999 and is headquartered in Macclesfield, the United Kingdom.