Texas Mineral Resources Corp. (OTCMKTS:TMRC – Get Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.91 and traded as low as $0.8220. Texas Mineral Resources shares last traded at $0.84, with a volume of 618,824 shares trading hands.
Texas Mineral Resources Stock Performance
The stock has a 50-day moving average price of $0.91 and a 200-day moving average price of $1.02.
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.
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