TMRC Stock | | | USD 0.26 0.01 3.70% |
CEO
Mr. Daniel E. Gorski is Chief Executive Officer, Director of Texas Rare Earth Resources Corporationration Mr. Gorski has served as a director of the Company since January 2006 and as the Companys chief executive officer since August 2012. Prior thereto, Mr. Gorski served as the Companys president and chief executive officer from January 2007 to May 2011 and chief operating officer from May 2011 to December 2011. From July 2004 to January 2006, Mr. Gorski was the cofounder and vice president of operations for High Plains Uranium Inc., a uranium exploration and development company that went public on the Toronto Stock Exchange in December 2005. Between June 1996 to May 2004, Mr. Gorski served as an officer and director of Metalline Mining Co., a publicly traded mining and development company with holdings in the Sierra Mojada Mining District, Coahuila, Mexico. From January 1992 to June 1996, Mr. Gorski was the exploration geologist under contract to USMX Inc. and worked exclusively in Latin America. Mr. Gorski earned a BS in 1960 from Sul Ross State College, in Alpine, Texas and an MA in 1970 from the University of Texas in Austin, Texas. Mr. Gorski has over fortythree years of experience in the mining industry. since 2012.
Age | 86 |
Tenure | 12 years |
Phone | 361 790 5831 |
Web | https://www.tmrcorp.com |
Texas Rare Management Efficiency
The company has return on total asset
(ROA) of
(0.4925) % which means that it has lost $0.4925 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity
(ROE) of
(0.8229) %, meaning that it created substantial loss on money invested by shareholders. Texas Rare's management efficiency ratios could be used to measure how well Texas Rare manages its routine affairs as well as how well it operates its assets and liabilities.
Texas Rare Earth currently holds 613.09
K in liabilities with Debt to Equity
(D/E) ratio of 0.0, which may suggest the company is not taking enough advantage from borrowing. Texas Rare Earth has a current ratio of 12.99, suggesting that it is
liquid enough and is able to pay its financial obligations when due. Debt can assist Texas Rare until it has trouble settling it off, either with new capital or with free cash flow. So, Texas Rare's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Texas Rare Earth sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Texas to invest in growth at high rates of return. When we think about Texas Rare's use of debt, we should always consider it together with cash and equity.
Texas Mineral Resources Corp. acquires, explores, and develops mineral properties in the United States. Texas Mineral Resources Corp. was incorporated in 1970 and is headquartered in Sierra Blanca, Texas. Texas Mineral operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 2 people. Texas Rare Earth [TMRC] is traded as part of a regulated electronic over-the-counter service offered by the NASD.
Management Performance
Texas Rare Earth Management Team
Elected by the shareholders, the Texas Rare's board of directors comprises two types of representatives: Texas Rare inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Texas. The board's role is to monitor Texas Rare's management team and ensure that shareholders' interests are well served. Texas Rare's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Texas Rare's outside directors are responsible for providing unbiased perspectives on the board's policies.
Texas Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is Texas Rare a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
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Other Information on Investing in Texas OTC Stock
Texas Rare financial ratios help investors to determine whether Texas OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Texas with respect to the benefits of owning Texas Rare security.