Texas Mineral Resources Corp. (OTCMKTS:TMRC) Sees Large Increase in Short Interest

Texas Mineral Resources Corp. (OTCMKTS:TMRC) saw a large increase in short interest in February. As of February 28th, there was short interest totalling 78,200 shares, an increase of 56.4% from the February 13th total of 50,000 shares. Based on an average daily trading volume, of 183,300 shares, the days-to-cover ratio is currently 0.4 days.

Texas Mineral Resources Trading Down 16.6 %

Shares of OTCMKTS TMRC opened at $0.47 on Monday. The firm’s fifty day moving average is $0.39 and its two-hundred day moving average is $0.32. Texas Mineral Resources has a 52-week low of $0.20 and a 52-week high of $0.60.

Texas Mineral Resources Company Profile

Texas Mineral Resources Corp. acquires, explores, and develops mineral properties in the United States. Its flagship property is the Round Top rare earths project covering an area of 950 acres and prospecting permits covering 9,345 acres located in Hudspeth County, Texas. The company was formerly known as Texas Rare Earth Resources Corp.