Tactical Resources (TREO)
Develops a Texas rare-earth recovery project using already-mined quarry tailings.
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Develops the Peak Project to recover rare-earth elements from already-mined quarry tailings in Texas, with a planned direct-leach and separation pathway. It remains pre-revenue and centered on resource definition, pilot work, permitting, plant development and external funding.
Develops the Peak Project, a Texas rare-earth initiative that seeks to recover rare-earth elements from already-mined, crushed rhyolite tailings at the operating Sierra Blanca railway-ballast quarry. The intended value chain combines tailings access, direct-leach processing, modular facilities and eventual separation capacity in the United States. Corporate management is based in Vancouver, while its sole currently promoted development asset is in Texas.
Has not established a mineral resource or commercially extracted rare-earth minerals. The plan depends on stockpile characterization, flowsheet optimization, pilot testing, project economics, engineering, permits, power upgrades, construction and financing. Tailings rights, quarry access and an option to acquire the quarry company underpin the project; the quarry acquisition remains optional.
Company facts
No analyst consensus on record.
Not reported.
Not reported.
No dividends on record.
| Insiders5 holders · as of Aug 24, 2026 | 2.85% | 387.6K shares | |
| Otherremainder | 97.15% | 13.22M shares |
13.61M company shares as of Sep 2, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
Kuljit Singh BasiInsiderdirector | 1.89% | 257,425 | Form 4filed Aug 24, 2026 ↗ |
Matthew Alan ChattertonInsiderdirector | 0.42% | 56,787 | Form 4filed Aug 21, 2026 ↗ |
Manavdeep Singh MukhijaInsiderdirector | 0.26% | 35,631 | Form 4filed Aug 21, 2026 ↗ |
Ranjeet SundherInsiderdirector, officer: Chief Executive Officer | 0.22% | 30,000 | Form 4filed Aug 24, 2026 ↗ |
James Garry ClarkInsiderdirector | 0.06% | 7,794 | Form 4filed Aug 21, 2026 ↗ |
| See all 6 → | |||
Form 4 — an insider's transaction report
Insider tradesForm 4
No open-market trades in the last 12 months.
- MP Materials
U.S. rare-earth producer with integrated mine-to-magnet scale.
- USA Rare Earth
Nearest Texas district rival with a broader mine-to-magnet buildout.
- Energy Fuels
U.S. rare-earth separator with commercial NdPr and heavy-REE expansion.
ComparePre-market
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Tactical Resources | $4.95 | +3.56% | $64.7M | — | — | — | — |
| MP Materials | $55.03 | +0.60% | $9.74B | — | 169.3 | 31.9 | +89.0% |
| USA Rare Earth | $17.84 | −0.06% | $2.37B | — | — | 179.9 | — |
| Energy Fuels | $14.35 | +0.42% | $3.57B | — | — | 33.8 | +496.1% |
| Median | — | 169.3 | 33.8 | +292.6% |






