Texas Mineral Resources Corp. (OTCMKTS:TMRC – Get Free Report) shares dropped 0.5% on Wednesday . The stock traded as low as $0.8060 and last traded at $0.8060. 213,958 shares were traded during mid-day trading, a decline of 42% from the average session volume of 367,005 shares. The stock had previously closed at $0.81.
Texas Mineral Resources Stock Performance
The firm has a 50-day simple moving average of $0.96 and a 200-day simple moving average 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.
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