Texas Mineral Resources Corp (OTCMKTS:TMRC) Sees Significant Decrease in Short Interest

Texas Mineral Resources Corp (OTCMKTS:TMRC) was the target of a large drop in short interest during the month of August. As of August 31st, there was short interest totalling 71,200 shares, a drop of 19.0% from the August 15th total of 87,900 shares. Based on an average daily volume of 550,300 shares, the short-interest ratio is currently 0.1 days.

Shares of OTCMKTS:TMRC opened at $1.29 on Thursday. Texas Mineral Resources has a 52-week low of $0.22 and a 52-week high of $2.65. The company has a 50-day simple moving average of $1.60 and a 200 day simple moving average of $1.33.

Texas Mineral Resources Company Profile

Texas Mineral Resources Corp., an exploration stage mining company, acquires, explores, and develops mineral properties in the United States. It primarily holds interests in the Round Top rare earth-uranium-beryllium project covering 950 acres in Hudspeth County, Texas; and prospecting permits covering 9,345 acres adjacent to the Round Top project.

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