Tertiary Minerals (LON:TYM) Stock Crosses Below 200-Day Moving Average of $0.19

Tertiary Minerals plc (LON:TYMGet Rating)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 0.19 ($0.00) and traded as low as GBX 0.12 ($0.00). Tertiary Minerals shares last traded at GBX 0.13 ($0.00), with a volume of 1,376,959 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “house stock” rating on shares of Tertiary Minerals in a research note on Friday, July 15th.

Tertiary Minerals Stock Performance

The company has a 50 day moving average price of GBX 0.15 and a 200 day moving average price of GBX 0.19. The company has a market capitalization of £1.92 million and a PE ratio of -1.25. The company has a debt-to-equity ratio of 51.87, a quick ratio of 5.71 and a current ratio of 5.71.

About Tertiary Minerals

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Tertiary Minerals plc, together with its subsidiaries, engages in the identification, acquisition, exploration, and development of mineral deposits. The company engages in the development of a multi-commodity project portfolio, including precious metals, base metals, and industrial minerals. It owns interests in the Storuman fluorspar project located in north central Sweden; the Lassedalen fluorspar project located in the south-west of Oslo, Norway; the Pyramid gold project located in the northwest of Reno, Nevada; the Paymaster polymetallic project that includes claims covering an area of 390 acres located in southwest of Tonopah, Nevada; and the Kaaresselkä and Kiekerömaa gold projects located in Finland.

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