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Technology Minerals PLC (GB:TM1)
LSE:TM1
UK Market

Technology Minerals PLC (TM1) AI Stock Analysis

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GB

Technology Minerals PLC

(LSE:TM1)

Rating:32Underperform
Price Target:
Technology Minerals PLC has a low overall stock score due to poor financial performance and weak technical indicators. Despite some positive corporate developments in battery recycling, the lack of revenue and persistent losses significantly impact the score. Strategic initiatives, if successfully executed, could improve future prospects.

Technology Minerals PLC (TM1) vs. iShares MSCI United Kingdom ETF (EWC)

Technology Minerals PLC Business Overview & Revenue Model

Company DescriptionTechnology Minerals PLC operates as a mineral exploration company. It explores for battery metals comprising cobalt, copper, lithium, nickel, and manganese. The company operates mineral resource projects in Ireland, Spain, Cameroon, and the United States. Technology Minerals Plc was 2021 and is based in London, the United Kingdom.
How the Company Makes MoneyTechnology Minerals PLC generates revenue through a combination of mineral extraction, processing, and recycling operations. Key revenue streams include the sale of extracted raw materials such as lithium, cobalt, and other battery metals, which are essential for manufacturing batteries used in electric vehicles and renewable energy systems. Additionally, the company capitalizes on its recycling operations, recovering valuable materials from used batteries and electronic waste, which are then resold or reintegrated into the supply chain. Significant partnerships with manufacturers and technology firms enhance their market reach and contribute to their earnings by securing long-term contracts for raw materials. This dual focus on extraction and recycling positions TM1 as a critical player in the sustainable technology landscape, driving both profitability and environmental impact.

Technology Minerals PLC Financial Statement Overview

Summary
Technology Minerals PLC faces significant financial challenges with no revenue generation and persistent losses. The company relies heavily on equity and external financing, and negative cash flow from operations raises sustainability concerns.
Income Statement
10
Very Negative
Technology Minerals PLC has not generated any revenue over the reported periods, significantly impacting the company's profitability metrics. The EBIT and net income have been consistently negative, indicating ongoing losses. The company's inability to generate revenue and the increasing net losses suggest a challenging operating environment.
Balance Sheet
30
Negative
The balance sheet shows that the company has moderate levels of debt relative to equity, with a debt-to-equity ratio increasing over time. The equity ratio is high, indicating reliance on equity financing. However, the company's assets have been decreasing, and the continuous equity drawdown might be a concern if losses continue.
Cash Flow
25
Negative
The cash flow statements reflect negative free cash flow over the periods, with cash outflows mainly driven by negative operating cash flow. The company has been relying on financing activities to cover its cash needs, which could pose a risk if external funding sources become limited.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021
Income StatementTotal Revenue
0.000.000.000.000.00
Gross Profit
0.000.00-1.00K-3.00K0.00
EBIT
-3.07M-3.76M-3.86M-1.88M0.00
EBITDA
-3.07M-2.41M-3.85M-1.78M206.30K
Net Income Common Stockholders
-3.22M-6.63M-3.91M-1.78M-387.00K
Balance SheetCash, Cash Equivalents and Short-Term Investments
85.00K15.00K318.00K325.00K3.30M
Total Assets
24.88M23.57M23.91M24.50M21.52M
Total Debt
435.00K3.60M1.56M21.00K0.00
Net Debt
350.00K3.59M1.24M-304.00K-3.30M
Total Liabilities
4.15M8.22M2.23M3.51M537.00K
Stockholders Equity
20.70M15.34M21.67M20.96M20.98M
Cash FlowFree Cash Flow
-1.41M-2.19M-2.27M-2.28M9.00K
Operating Cash Flow
-1.31M-1.79M-1.93M-1.38M9.00K
Investing Cash Flow
-3.37M-2.59M-2.13M-4.55M0.00
Financing Cash Flow
3.21M4.08M4.01M6.30M0.00

Technology Minerals PLC Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.05
Price Trends
50DMA
0.08
Negative
100DMA
0.10
Negative
200DMA
0.12
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
10.05
Positive
STOCH
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:TM1, the sentiment is Negative. The current price of 0.05 is below the 20-day moving average (MA) of 0.07, below the 50-day MA of 0.08, and below the 200-day MA of 0.12, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 10.05 is Positive, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:TM1.

Technology Minerals PLC Peers Comparison

Overall Rating
UnderperformOutperform
Sector (50)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
GBTYM
53
Neutral
£1.86M-46.38%-10.35%33.33%
50
Neutral
$2.00B-1.13-21.16%3.71%2.15%-30.95%
GBTM1
32
Underperform
£1.47M-23.19%17.65%
GBKRS
£1.34M-19.28%
GBARK
£1.55M-11.33%
GBJAN
£2.59M-16.27%
GBAFP
£1.95M-15.35%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:TM1
Technology Minerals PLC
0.05
-0.50
-90.91%
GB:KRS
Keras Resources
1.35
-2.00
-59.70%
GB:TYM
Tertiary Minerals
0.05
-0.09
-64.29%
GB:ARK
Arkle Resources PLC
0.28
0.00
0.00%
GB:JAN
Jangada Mines PLC
1.00
-0.30
-23.08%
GB:AFP
African Pioneer PLC
0.70
-2.05
-74.55%

Technology Minerals PLC Corporate Events

Executive/Board ChangesBusiness Operations and Strategy
Technology Minerals Chairman Joins Faraday Institution Board
Positive
Apr 28, 2025

Robin Brundle, Chairman of Technology Minerals Plc, has been appointed to the Board of Trustees for the Faraday Institution, a leading UK research body in electrochemical energy storage. This appointment aligns with the company’s mission to foster a circular economy for battery metals and enhances its strategic positioning within the energy storage sector. Brundle’s expertise in battery recycling and his role in government policy make him a valuable addition to the Faraday Institution, which aims to position the UK as a leader in battery technology research and development.

Spark’s Take on GB:TM1 Stock

According to Spark, TipRanks’ AI Analyst, GB:TM1 is a Underperform.

Technology Minerals PLC faces significant financial challenges with no revenue and persistent losses, heavily impacting its score. Despite recent positive corporate developments in strategic areas like battery recycling, the poor financial health and weak technical indicators result in a low overall score. Future growth potential hinges on successful execution of strategic initiatives.

To see Spark’s full report on GB:TM1 stock, click here.

Private Placements and Financing
Technology Minerals PLC Settles Fees with New Share Issuance
Neutral
Apr 15, 2025

Technology Minerals PLC has announced the issuance of new Ordinary shares to settle accrued and unpaid directors’ fees and professional adviser fees. This move involves issuing 460,810,700 new shares, which will be admitted to the London Stock Exchange. The issuance aims to manage financial obligations without requiring a prospectus, impacting the company’s share capital and voting rights.

Spark’s Take on GB:TM1 Stock

According to Spark, TipRanks’ AI Analyst, GB:TM1 is a Underperform.

Technology Minerals PLC faces severe financial difficulties with no revenue and increasing losses, heavily impacting its stock score. Despite positive corporate developments in battery recycling, the weak financials and poor valuation metrics dominate the overall assessment, resulting in a low score.

To see Spark’s full report on GB:TM1 stock, click here.

Business Operations and Strategy
Technology Minerals’ Recyclus Secures Major Battery Recycling Contract
Positive
Apr 9, 2025

Technology Minerals Plc’s subsidiary, Recyclus Group Ltd, has secured its largest contract to date, a 12-month agreement with a global industrial group to recycle lithium-ion batteries at its Wolverhampton plant. This contract, potentially generating up to £2 million in revenue, underscores Recyclus’ growing reputation and strengthens its position as a leading provider of battery recycling solutions, crucial for addressing the increasing demand for sustainable battery disposal as electrification advances.

Spark’s Take on GB:TM1 Stock

According to Spark, TipRanks’ AI Analyst, GB:TM1 is a Neutral.

Technology Minerals PLC’s financial performance is weak, with no revenue and persistent losses, which heavily impact the overall score. However, positive corporate events and strategic advancements in the battery recycling sector provide some hope for future growth. Technical indicators suggest some stabilization, but the valuation remains poor due to ongoing losses.

To see Spark’s full report on GB:TM1 stock, click here.

Private Placements and FinancingRegulatory Filings and Compliance
Technology Minerals Plc Announces Share Issuance and Voting Rights Update
Neutral
Apr 1, 2025

Technology Minerals Plc announced the application for admission of 10,362,520 Ordinary shares to be issued to Atlas Capital Markets LLC, maintaining the total funds drawn under their £5.5 million facility at £2.5 million. This move will increase the total number of issued shares and voting rights to 2,333,583,515, impacting shareholder calculations under the Financial Conduct Authority’s rules.

M&A TransactionsBusiness Operations and StrategyFinancial Disclosures
Technology Minerals PLC Reports Strong Interim Results and Strategic Advancements
Positive
Mar 31, 2025

Technology Minerals PLC announced its interim results for the six months ending December 2024, highlighting significant progress in its operations. The company sold its interest in exploration licenses in Leinster, Ireland, to European Lithium, enhancing its business model of identifying and advancing early-stage projects. Recyclus Group Ltd, 48.35% owned by Technology Minerals, secured multiple agreements, including a black mass offtake agreement with Glencore and recycling contracts with major companies like Halfords and Ocado. These developments position Recyclus as a leader in Li-ion battery recycling and demonstrate growing commercial traction, which is expected to drive further growth and value for stakeholders.

Product-Related AnnouncementsBusiness Operations and Strategy
Technology Minerals Begins First Black Mass Shipment to Europe
Positive
Mar 25, 2025

Technology Minerals Plc, through its 48.35% owned subsidiary Recyclus Group Ltd, has commenced the delivery of its first shipment of black mass to Europe under an offtake agreement with Glencore plc. This milestone marks Recyclus’ ability to consistently produce black mass, which contains critical metals like lithium, manganese, nickel, and cobalt, essential for the battery supply chain. The shipments signify Recyclus’ positioning as a leader in the battery recycling sector, supporting the global shift towards electrification and meeting the growing demand for lithium-ion battery recycling.

M&A TransactionsBusiness Operations and Strategy
Technology Minerals Completes Sale of Leinster Project to European Lithium
Positive
Mar 25, 2025

Technology Minerals PLC has completed the sale of its interest in exploration licenses in Leinster, Ireland, to European Lithium Limited. This transaction aligns with the company’s strategy to advance early-stage projects and attract potential buyers, thereby delivering value to the company and its shareholders.

Business Operations and StrategyRegulatory Filings and Compliance
Technology Minerals Secures Key Licence for Black Mass Shipments
Positive
Feb 24, 2025

Technology Minerals Plc, through its 48.35% owned subsidiary Recyclus Group Ltd, has secured a Transfrontier Shipment of Waste (TFS) licence, allowing the transportation of black mass to Europe under an agreement with Glencore. This development marks a significant milestone for Recyclus, as it begins shipping black mass, a valuable commodity in the recycling industry containing metals like lithium and cobalt, in March 2025. The partnership with Glencore highlights the credibility of Recyclus’ technology and its crucial role in the battery metals circular economy.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.