Texas Mineral Resources Corp. (OTCMKTS:TMRC – Get Free Report)’s share price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $0.81 and traded as low as $0.5971. Texas Mineral Resources shares last traded at $0.6584, with a volume of 80,656 shares trading hands.
Texas Mineral Resources Stock Up 9.0%
The stock’s fifty day simple moving average is $0.80 and its 200-day simple moving average is $0.87.
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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