Tower Resources plc (LON:TRP – Get Free Report) fell 10.4% during mid-day trading on Tuesday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 2,095,566,875 shares were traded during mid-day trading, an increase of 760% from the average session volume of 243,652,188 shares. The stock had previously closed at GBX 0.05 ($0.00).
Tower Resources Stock Performance
The firm’s 50 day simple moving average is GBX 0.02 and its 200 day simple moving average is GBX 0.02. The firm has a market cap of £6.95 million, a PE ratio of -2.65 and a beta of 1.11. The company has a current ratio of 0.51, a quick ratio of 0.06 and a debt-to-equity ratio of 0.09.
About Tower Resources
Tower Resources Plc engages in the oil and gas exploration activities in Africa. The company holds a 100% interest in the Thali production sharing contract that covers an area of 119.2 square kilometers located in the Rio del Rey basin, offshore Cameroon; and a 50% interest in the Algoa-Gamtoos license that covers an area of 9,369 square kilometers located in the offshore South Africa.
Featured Articles
- Five stocks we like better than Tower Resources
- Where to Find Earnings Call Transcripts
- TJX Stock: A Buying Opportunity Before the Holiday Rush
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- Micron’s Blowout Results Pave the Way for Seagate’s Stock Surge
- Best Stocks Under $10.00
- Zeta Global’s AI Cloud: Your Secret Weapon for Massive Growth
Receive News & Ratings for Tower Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tower Resources and related companies with MarketBeat.com's FREE daily email newsletter.
