Short Interest in Texas Mineral Resources Corp. (OTCMKTS:TMRC) Grows By 304.4%

Texas Mineral Resources Corp. (OTCMKTS:TMRC) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 6,462 shares, a growth of 304.4% from the June 30th total of 1,598 shares. Based on an average daily volume of 207,865 shares, the days-to-cover ratio is presently 0.0 days.

Texas Mineral Resources Stock Performance

TMRC opened at $0.59 on Friday. Texas Mineral Resources has a one year low of $0.56 and a one year high of $3.02. The company has a fifty day moving average price of $0.86 and a 200-day moving average price of $0.88.

Texas Mineral Resources Company Profile

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.