Short Interest in Texas Mineral Resources Corp. (OTCMKTS:TMRC) Increases By 543.6%

Texas Mineral Resources Corp. (OTCMKTS:TMRC) saw a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 4,132 shares, a growth of 543.6% from the April 15th total of 642 shares. Based on an average trading volume of 743,654 shares, the days-to-cover ratio is presently 0.0 days.

Texas Mineral Resources Stock Performance

Shares of TMRC stock opened at $1.12 on Tuesday. Texas Mineral Resources has a 1-year low of $0.45 and a 1-year high of $3.02. The business has a 50-day moving average of $0.84 and a 200 day moving average of $0.90.

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.