Texas Mineral Resources Corp.

Texas Mineral Resources Corp.verified

TMRC

Price:

$0.28

Market Cap:

$20.74M

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.[Read more]

Industry

Industrial Materials

IPO Date

2007-04-18

Stock Exchange

PNK

Ticker

TMRC

The Current Ratio as of September 2024 (TTM) for Texas Mineral Resources Corp. (TMRC) is 13.18

According to Texas Mineral Resources Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 13.18. This represents a change of -10.36% compared to the average of 14.71 of the last 4 quarters.

Texas Mineral Resources Corp. (TMRC) Historical Current Ratio (quarterly & annually)

How has TMRC Current Ratio performed in the past?

The mean historical Current Ratio of Texas Mineral Resources Corp. over the last ten years is 10.82. The current 13.18 Current Ratio has changed 12.09% 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.

Quarterly (TTM)
Annual

Average

10.82

Median

1.78

Minimum

0.01

Maximum

64.16

Texas Mineral Resources Corp. (TMRC) Current Ratio by Quarter and Year

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 = -97.76%

Minimum Annual Current Ratio = 0.01

Quarterly (TTM)
Annual
YearCurrent RatioChange
202311.98-81.33%
202264.16149.46%
202125.72860.26%
20202.68102.17%
20191.327.63%
20180.02233.88%
20170.01-62.36%
20160.01-72.65%
20150.05-97.76%
20142.23-76.40%

Texas Mineral Resources Corp. (TMRC) Average Current Ratio

How has TMRC Current Ratio performed in the past?

The current Current Ratio of Texas Mineral Resources Corp. (TMRC) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

33.95

5-year avg

21.17

10-year avg

10.82

Texas Mineral Resources Corp. (TMRC) Current Ratio vs. Peers

How is TMRC’s Current Ratio compared to its peers?

Texas Mineral Resources Corp.’s Current Ratio is greater than Ucore Rare Metals Inc. (0.39), greater than Lynas Rare Earths Limited (4.18), greater than Arafura Rare Earths Limited (1.89), greater than Commerce Resources Corp. (6.73), less than Rare Element Resources Ltd. (16.81), greater than Alphamin Resources Corp. (1.02), greater than Search Minerals Inc. (0.02), greater than Lynas Rare Earths Limited (4.18), less than Atlas Salt Inc. (20.31), greater than Medallion Resources Ltd. (0.11), greater than Tactical Resources Corp. (0.48), greater than Aldebaran Resources Inc. (3.53), less than Tamino Minerals, Inc. (0), less than Aclara Resources Inc. (13.27), less than Anson Resources Limited (13.34), greater than CDN Maverick Capital Corp. (4.88), greater than Boliden AB (publ) (1.57),

Build a custom stock screener for Texas Mineral Resources Corp. (TMRC) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Texas Mineral Resources Corp. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Texas Mineral Resources Corp. (TMRC) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Texas Mineral Resources Corp. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Texas Mineral Resources Corp.'s Current Ratio?

How is the Current Ratio calculated for Texas Mineral Resources Corp. (TMRC)?

What is the highest Current Ratio for Texas Mineral Resources Corp. (TMRC)?

What is the 3-year average Current Ratio for Texas Mineral Resources Corp. (TMRC)?

What is the 5-year average Current Ratio for Texas Mineral Resources Corp. (TMRC)?

How does the current Current Ratio for Texas Mineral Resources Corp. (TMRC) compare to its historical average?