Tower Resources plc (LON:TRP – Get Free Report)’s stock price was up 12.1% during mid-day trading on Monday . The company traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 787,098,938 shares changed hands during trading, an increase of 230% from the average daily volume of 238,383,469 shares. The stock had previously closed at GBX 0.03 ($0.00).
Tower Resources Stock Performance
The company has a current ratio of 0.51, a quick ratio of 0.06 and a debt-to-equity ratio of 0.09. The stock has a market cap of £7.31 million, a price-to-earnings ratio of -2.65 and a beta of 1.11. The stock’s 50 day moving average is GBX 0.02 and its two-hundred day moving average is GBX 0.02.
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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