Tower Resources plc (LON:TRP – Get Free Report) shares shot up 35.7% during trading on Monday . The company traded as high as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). 742,254,938 shares were traded during mid-day trading, an increase of 219% from the average session volume of 232,587,703 shares. The stock had previously closed at GBX 0.01 ($0.00).
Tower Resources Price Performance
The company has a debt-to-equity ratio of 0.09, a current ratio of 0.51 and a quick ratio of 0.06. The business has a fifty day moving average of GBX 0.02 and a 200 day moving average of GBX 0.02. The stock has a market cap of £5.53 million, a PE ratio of -2.65 and a beta of 1.11.
Tower Resources Company Profile
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.
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