TMRC
Price:
$0.92
Market Cap:
$74.83M
Texas Mineral Resources Corp. acquires, explores, and develops mineral properties in the United States. It primarily holds interests in the Round Top rare earth-uranium- project covering 950 acres in Hudspeth County, Texas; and prospecting permits covering 9,345 acres adjacent to the Round Top project. The company was formerly known as Texas Rare Earth Resources Corp. and changed its name to Texas Mineral Resources Corp. in March 2016. Texas Mineral Resources Corp. was incorporated in 1970 and is headquartered in Sierra Blanca, Texas.
Industry
Industrial Materials
IPO Date
2007-04-18
Stock Exchange
OTC
Ticker
TMRC
According to Texas Mineral Resources Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 5.04. This represents a change of 62.12% compared to the average of 3.11 of the last 4 quarters.
The mean historical Current Ratio of Texas Mineral Resources Corp. over the last ten years is 12.21. The current 5.04 Current Ratio has changed 4.03% with respect to the historical average. Over the past ten years (40 quarters), TMRC's Current Ratio was at its highest in in the August 2022 quarter at 64.16. The Current Ratio was at its lowest in in the November 2017 quarter at 0.00.
Average
12.21
Median
3.86
Minimum
0.01
Maximum
64.16
Discovering the peaks and valleys of Texas Mineral Resources Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 7.63%
Maximum Annual Current Ratio = 64.16
Minimum Annual Increase = -81.33%
Minimum Annual Current Ratio = 0.01
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 5.04 | -54.68% |
| 2024 | 11.12 | -7.20% |
| 2023 | 11.98 | -81.33% |
| 2022 | 64.16 | 149.46% |
| 2021 | 25.72 | 860.26% |
| 2020 | 2.68 | 102.17% |
| 2019 | 1.32 | 7.63% |
| 2018 | 0.02 | 233.88% |
| 2017 | 0.01 | -62.36% |
| 2016 | 0.01 | -72.65% |
The current Current Ratio of Texas Mineral Resources Corp. (TMRC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
9.38
5-year avg
23.60
10-year avg
12.21
Texas Mineral Resources Corp.’s Current Ratio is greater than Minsud Resources Corp. (4.79), less than Hannan Metals Ltd. (8.54), greater than Silver X Mining Corp. (0.38), greater than Northcliff Resources Ltd. (0.93), greater than Critica Limited (0.89), greater than Falco Resources Ltd. (0.09), less than Frontier Energy Limited (9.66), greater than Anson Resources Limited (1.39), greater than Lithium Ionic Corp. (3.06), greater than Ardea Resources Limited (0.34),
| Company | Current Ratio | Market cap |
|---|---|---|
| 4.79 | $64.76M | |
| 8.54 | $80.09M | |
| 0.38 | $102.46M | |
| 0.93 | $127.29M | |
| 0.89 | $2.33M | |
| 0.09 | $103.54M | |
| 9.66 | $76.30M | |
| 1.39 | $84.97M | |
| 3.06 | $108.07M | |
| 0.34 | $77.01M |
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