Tertiary Minerals (LON:TYM) Stock Price Down 15.3% – Here’s What Happened

Tertiary Minerals plc (LON:TYM) dropped 15.3% during trading on Thursday . The company traded as low as GBX 0.07 and last traded at GBX 0.07. Approximately 33,210,180 shares were traded during mid-day trading, a decline of 61% from the average daily volume of 84,824,266 shares. The stock had previously closed at GBX 0.09.

Tertiary Minerals Stock Performance

The company has a market cap of £4.12 million, a price-to-earnings ratio of -8.00 and a beta of -0.50. The company’s fifty day moving average is GBX 0.09 and its two-hundred day moving average is GBX 0.07.

Tertiary Minerals (LON:TYM) last posted its earnings results on Wednesday, February 18th. The company reported GBX (0.01) earnings per share (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.