Texas Mineral Resources Corp. (OTCMKTS:TMRC) Sees Large Decrease in Short Interest

Texas Mineral Resources Corp. (OTCMKTS:TMRC) was the target of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 1,598 shares, a decrease of 53.0% from the June 15th total of 3,401 shares. Based on an average trading volume of 189,551 shares, the short-interest ratio is currently 0.0 days.

Texas Mineral Resources Stock Up 3.4%

Shares of Texas Mineral Resources stock opened at $0.72 on Wednesday. The business has a fifty day simple moving average of $0.92 and a two-hundred day simple moving average of $0.88. Texas Mineral Resources has a 1 year low of $0.61 and a 1 year high of $3.02.

About Texas Mineral Resources

Texas Mineral Resources Corp (OTCMKTS: TMRC) is a U.S.-based mineral exploration and development company focused on advancing gold projects in West Texas. The company’s flagship asset is the Howard County Gold Project, located near Big Spring, where it holds both patented and leased mineral rights. Texas Mineral Resources conducts systematic exploration, including drilling, trenching and resource modeling, with the goal of delineating and expanding near-surface oxide gold mineralization amenable to low-cost heap‐leach processing.

Since acquiring the Howard County property in 2013, the company has completed multiple phases of metallurgical testing and preliminary economic studies to optimize recovery methods and assess potential production scenarios.