Tertiary Minerals (LON:TYM) Trading 18.9% Higher – Here’s Why

Shares of Tertiary Minerals plc (LON:TYMGet Free Report) were up 18.9% on Wednesday . The stock traded as high as GBX 0.07 and last traded at GBX 0.06. Approximately 102,748,781 shares traded hands during mid-day trading, an increase of 68% from the average session volume of 61,335,480 shares. The stock had previously closed at GBX 0.05.

Tertiary Minerals Stock Performance

The firm has a market cap of £3.25 million, a price-to-earnings ratio of -6.30 and a beta of -0.50. The company has a quick ratio of 5.85, a current ratio of 0.47 and a debt-to-equity ratio of 40.39. The stock has a fifty day moving average price of GBX 0.07 and a 200-day moving average price of GBX 0.08.

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

About Tertiary Minerals

(Get Free Report)

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.

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