The downtrend of Liquidmetal Technologies, Inc. (OTC:LQMT) has continued in the past several weeks as well. After the share price jumped up from the bottom on Friday, yesterday it approached the 52-week low again. 
The session on Monday has been negative for LQMT as it closed with a 2.44% decline in the share price at $0.16. The trading volume was almost 255,000 traded shares, which is slightly higher than the average for the past three months. LQMT reached yesterday a daily low of $0.15, which is only a cent above the $0.14 yearly low.
Liquidmetal Technologies, Inc. latest press release is from the last day of November when the company announced a new partner for the production of LQMT alloy technologies – Materion Brush Inc. which is a unit of Materion Corporation (NYSE:MTRN). Under the strategic agreement, Materion would produce Liquidmetal alloy materials for use in making customer parts, and both companies would cooperate in their research and development activities.
Though the event might sound significant, it has not been filed to the SEC yet, and did not get a positive reaction on the market, probably because of the lack of exact and concrete terms and conditions.
In the middle of November, LQMT filed its 10-Q for the last quarter. There, the company reports an increase in the products and sales revenues as compared to the same quarter of 2010, though the operating result is a net loss as the company has no more licensing revenue. Also, LQMT reports current liabilities for over $23 million, while its current assets barely exceed $4.4 million.
