Tertiary Minerals (LON:TYM) Stock Price Down 13.8% – Here’s Why

Tertiary Minerals plc (LON:TYM)’s share price fell 13.8% during mid-day trading on Wednesday . The stock traded as low as GBX 0.06 and last traded at GBX 0.06. 101,209,242 shares changed hands during trading, an increase of 65% from the average session volume of 61,182,441 shares. The stock had previously closed at GBX 0.07.

Tertiary Minerals Stock Up 12.1%

The company has a market capitalization of £4.63 million, a price-to-earnings ratio of -6.50 and a beta of -0.50. The business’s 50-day moving average is GBX 0.06 and its 200-day moving average is GBX 0.08. The company has a quick ratio of 5.85, a current ratio of 0.47 and a debt-to-equity ratio of 40.39.

Tertiary Minerals (LON:TYM) last announced its quarterly earnings results on Wednesday, June 24th. The company reported GBX (0.01) earnings per share for the quarter. The company had revenue of GBX 6,572 million for the quarter. Tertiary Minerals had a negative return on equity of 52.62% and a negative net margin of 401.15%.

About Tertiary Minerals

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.