Texas Mineral Resources (TMRC)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	269.39 k	269.39 k	269.39 k	269.39 k	269.39 k	269.39 k
Cash burn (monthly)	52.94 k	52.93 k	77.58 k	79.45 k	40.40 k	49.33 k
Cash used (since last report)	169.07 k	169.04 k	247.78 k	253.76 k	129.04 k	157.54 k
Cash remaining	100.31 k	100.35 k	21.60 k	15.62 k	140.34 k	111.85 k
Runway (months of cash)	1.9	1.9	0.3	0.2	3.5	2.3

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Financial data from company earnings reports.

Institutional ownership, Q3 2021

TMRC institutional ownership history Ownership history

2.5% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1	1	–
Opened positions	0	0
Closed positions	0	0
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	3.39 mm	3.39 mm	–
Total shares	1.88 mm	1.88 mm	–
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
SC Fundamental Value Fund	1.88 mm	$3.39 mm	0.0%

Largest transactions	Shares	Bought/sold	Change
SC Fundamental Value Fund	1.88 mm	0.00	0.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

TMRC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
20 Feb 25	Marchese Anthony G.	Common Stock Warrants Common Stock	Grant	Acquire A	No	No	0.3	1,000,000	300.00 k	1,333,333
20 Feb 25	Marchese Anthony G.	Note Convertible into Common Stock Common Stock	Grant	Acquire A	No	No	0.3	333,333	100.00 k	333,333
20 Feb 25	Wall Cecil C	Common Stock Warrants Common Stock	Grant	Acquire A	No	No	0.3	500,000	150.00 k	666,667
20 Feb 25	Wall Cecil C	Notes Convertible into Common Stock Common Stock	Grant	Acquire A	No	No	0.3	166,667	50.00 k	166,667
20 Feb 25	Gorski Daniel E	Common Stock Warrants Common Stock	Grant	Acquire A	No	No	0.3	200,000	60.00 k	266,667
20 Feb 25	Gorski Daniel E	Notes Convertible into Common Stock Common Stock	Grant	Acquire A	No	No	0.3	66,667	20.00 k	66,667
20 Feb 25	Deepak Malhotra	Common Stock Warrants Common Stock	Grant	Acquire A	No	No	0.3	80,000	24.00 k	106,667
20 Feb 25	Deepak Malhotra	Note Convertible into Common Stock Common Stock	Grant	Acquire A	No	No	0.3	26,667	8.00 k	26,667
6 Jan 25	Kevin A. Francis	Common Stock	Grant	Acquire A	No	No	0.3	37,037	11.11 k	227,694

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Press releases

From Benzinga Pro

USA Rare Earth Achieves Breakthrough in Domestic Rare Earth Production

28 Jan 25

WHEAT RIDGE, Colo., Jan. 28, 2025 (GLOBE NEWSWIRE) -- USA Rare Earth ("USARE" or the "Company"), a company building a domestic rare earth supply chain from mine to magnet, achieved a significant milestone in its Texas

Texas Mineral Signs Non-Binding Letter of Intent to Explore the Possibility of Forming Joint Venture to Develop and Manage Mining Properties in the Steeple Rock District of New Mexico and Greenlea County in Arizona

12 Dec 24

SIERRA BLANCA, Tex., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Texas Mineral Resources Corp. (OTCQB:TMRC) TMRC would serve as the managing partner of the joint venture.Joint venture assets consist of two permitted mines, a