Texas Mineral Resources Corp TMRC
$0.81
Last Updated: Aug 10, 12:00 AM·OOTC
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TMRC Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Texas Mineral Resources Corp is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Texas Mineral Resources Corp. Stock Analysis TMRC
United States Materials Micro Cap Texas Mineral Resources Corp. is a mining company, which engages in the acquisition, exploration, and development of mineral properties. The company is headquartered in Sierra Blanca, Texas and currently employs 2 full-time employees. The company went IPO on 2001-12-12. The firm is engaged in the business of owning, acquiring, exploring and developing mineral properties. Its flagship Rare Earths-Round Top project is located in Hudspeth County, Texas, approximately 85 miles southeast of El Paso. The company holds 19-year renewable leases from the State of Texas on 950 acres encompassing Round Top and additional prospecting permits on adjacent areas covering an additional over 9,345 acres. Round Top develops a metallurgical process to concentrate or otherwise extract the metals from the Round Top Project's rhyolite, conduct additional engineering, design and geotechnical work, among others. The Company’s Carlisle mine has four patented mining claims in the Steeple Rock district of New Mexico.
Texas Mineral Resources Corp (TMRC) Chart
Financial Metrics & Statements of Texas Mineral Resources Corp (TMRC)
FAQ's for Texas Mineral Resources Corp (TMRC)
- As of August 2026, Texas Mineral Resources Corp TMRC is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Texas Mineral Resources Corp using these criteria to determine its compliance status.
- Muslim investors may consider investing in Texas Mineral Resources Corp if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of Texas Mineral Resources Corp by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Texas Mineral Resources Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of Texas Mineral Resources Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Texas Mineral Resources Corp (TMRC)
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