CSIMarket
 

Texas Mineral Resources Corp   (TRER)
Other Ticker:  
 
    Sector  Basic Materials    Industry Metal Mining
   Industry Metal Mining
   Sector  Basic Materials

Texas Mineral Resources 's

Competitiveness


 

TRER Sales vs. its Competitors Q4 2023



Comparing the current results to its competitors, Texas Mineral Resources reported Revenue decrease in the 4 quarter 2023 year on year by 0 %, slower than the combined decrease of the TRER's competitors by -6.31 %, recorded in the same quarter.

List of TRER Competitors





Revenue Growth Comparisons




Net Income Comparison


Texas Mineral Resources Corp , slower than the average decrease reported by the company's competitors of -12.6 %. recorded a net loss and most of the company's competitors saw a decline in earnings by -12.6 %

<<  TRER Stock Performance Comparisons


Texas Mineral Resources 's Comment on Competitors and Industry Peers


The mining industry is highly competitive. We compete with numerous companies, substantially all with greater financial resources available to them. We therefore are operating at a significant disadvantage in the course of acquiring mining properties and obtaining materials, supplies, labor, and equipment. Additionally, we are and will continue to be an insignificant participant in the business of exploration and mineral property development. A large number of established and well-financed companies are active in the mining industry and will have an advantage over us if they are competing for the same properties. Nearly all such entities have greater financial resources, technical expertise and managerial capabilities than ourselves and, consequently, we will be at a competitive disadvantage in identifying possible mining properties and procuring the same.


China accounts for the vast majority of rare earth element production. While rare earth element projects exist outside of China, very few are in actual production. Further, given the timeline for current exploration projects to come into production, if at all, it is likely that the Chinese will be able to dominate the market for rare earth elements into the future. This gives the Chinese a competitive advantage in controlling the supply of rare earth elements and engaging in competitive price reductions to discourage competition. Any increase in the amount of rare earth elements exported from other nations, and increased competition, may result in price reductions, reduced margins and loss of potential market share, any of which could materially adversely affect our profitability. As a result of these factors, we may not be able to compete effectively against current and future competitors.





*Market share is calculated based on total revenue.





Who are Texas Mineral Resources Corp 's Competitors?




Nucor Corporation
Share Performance



+2.97%
30 Days



Nucor Corporation
Profile

Nucor Corporation operates under a decentralized business model, with autonomous divisions and plants that focus on specific products. The company's core business involves the production of steel and steel-related products, serving various industries such as automotive, construction, and manufacturing. Nucor aims to be a low-cost producer by utilizing technologically advanced processes and maintaining a strong focus on efficiency and innovation.

More about Nucor Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 49,260.476 mill. $ 35,732.926 mill. $ 5,366.204 mill.


Steel Dynamics Inc
Share Performance



+34.19%
One Year



Steel Dynamics Inc
Profile

Steel Dynamics Inc operates as a steel producer and metal recycler, utilizing electric arc furnace technology to manufacture a wide range of steel products. The company follows an integrated business model that involves sourcing ferrous scrap and raw materials, processing them into high-quality steel, and distributing the finished products to various customers across different industries.

More about Steel Dynamics Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 24,815.180 mill. $ 18,794.883 mill. $ 2,467.332 mill.


Commercial Metals Company
Share Performance



+15.78%
This Quarter



Commercial Metals Company
Profile

Commercial Metals Company is a leading global metal recycling and manufacturing company that offers a vertically integrated business model. They collect and recycle different types of metal, such as steel and aluminum, from various sources. Utilizing advanced technology and expertise, they then transform these recycled metals into high-quality products for construction, infrastructure, and manufacturing industries. They strive to provide sustainable solutions and value-added products to their customers, optimizing the use of resources and minimizing environmental impact.

More about Commercial Metals Company's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 6,906.892 mill. $ 8,489.444 mill. $ 427.219 mill.


Cleveland cliffs Inc
Share Performance



+6.96%
Over The Past 5 Days



Cleveland cliffs Inc
Profile

Cleveland-Cliffs Inc. operates as an iron ore mining company that supplies integrated steel producers with high-quality iron ore products. The company's business model revolves around mining and processing iron ore and selling it to clients, primarily in the United States. Cleveland-Cliffs embraces a vertically integrated approach, controlling the entire supply chain from mining to the production of tailored pellets, aiming to provide sustainable and reliable materials to meet the demands of the steel industry.

More about Cleveland cliffs Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 11,632.385 mill. $ 21,996.000 mill. $ 450.000 mill.


Applied Minerals Inc
Share Performance



-97.73%
This Year



Applied Minerals Inc
Profile

Applied Minerals Inc is a company that operates in the specialty mineral industry. Their business model focuses on extracting, processing, and selling halloysite clay and iron oxide products to various industries such as ceramics, paints and coatings, and oil and gas.

More about Applied Minerals Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 0.032 mill. $ 0.605 mill. $ -2.282 mill.


Dynaresource Inc
Share Performance



0.00%
30 Days



Dynaresource Inc
Profile

Dynaresource Inc's business model focuses on providing resource management solutions to various industries. They likely offer services such as staffing, talent acquisition, workforce optimization, and other related services to help organizations effectively manage their resources and improve operational efficiency.

More about Dynaresource Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 45.116 mill. $ 40.125 mill. $ -3.831 mill.


Mesabi Trust
Share Performance



-14.04%
This Quarter



Mesabi Trust
Profile

Mesabi Trust operates as a royalty trust, collecting royalty interest from leases of iron ore properties in Minnesota, United States. The trust receives revenue based on the mining and production of iron ore by others and distributes the collected amount to its unitholders on a quarterly basis. Essentially, Mesabi Trust's business model relies on generating income through the leasing and extraction of iron ore resources.

More about Mesabi Trust's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 230.519 mill. $ 78.180 mill. $ 74.734 mill.


Mcewen Mining inc
Share Performance



+12.30%
Over The Past 5 Days



Mcewen Mining inc
Profile

Mcewen Mining Inc's business model focuses on the exploration, development, and production of precious metals such as gold and silver.

More about Mcewen Mining inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 470.042 mill. $ 166.231 mill. $ 33.177 mill.


Scandium International Mining Corp
Share Performance



0.00%
One Year



Scandium International Mining Corp
Profile

Scandium International Mining Corp is a company that utilizes a vertically integrated business model to explore, mine, and develop scandium resources. They focus on the production of high-purity scandium compounds for industries such as aerospace, automotive, and electronics. Their model encompasses everything from acquiring mining rights and extracting scandium ores to refining and commercializing the final products.

More about Scandium International Mining Corp 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ - mill. $ 0.714 mill. $ -3.305 mill.


Adamant Dri Processing And Minerals Group
Share Performance



0.00%
One Year



Adamant Dri Processing And Minerals Group
Profile

Adamant Dri Processing and Minerals Group operates by utilizing innovative technologies to extract and process mineral resources, with a focus on producing direct reduced iron (DRI) products. Their business model involves the efficient extraction, processing, and sale of valuable minerals, while employing advanced techniques to minimize environmental impact and enhance overall sustainability.

More about Adamant Dri Processing And Minerals Group's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 7.121 mill. $ - mill. $ -0.056 mill.


Schnitzer Steel Industries Inc
Share Performance



0.00%
30 Days



Schnitzer Steel Industries Inc
Profile



More about Schnitzer Steel Industries Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ - mill. $ 4,751.551 mill. $ -3.479 mill.


Reliance Inc
Share Performance



+1.36%
Over The Past 5 Days



Reliance Inc
Profile

Reliance Steel and Aluminum Co operates a diversified metal service center network, offering a wide range of products and value-added processing services to various industries.

More about Reliance Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 19,553.469 mill. $ 14,805.900 mill. $ 1,340.100 mill.



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com