Tower Resources plc (LON:TRP – Get Free Report) shares dropped 7.7% during trading on Wednesday . The stock traded as low as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). Approximately 32,542,459 shares were traded during mid-day trading, a decline of 88% from the average daily volume of 274,142,375 shares. The stock had previously closed at GBX 0.01 ($0.00).
Tower Resources Stock Up 8.3 %
The firm has a market capitalization of £2.16 million, a P/E ratio of -2.65 and a beta of 1.06. The firm’s 50-day moving average is GBX 0.02 and its 200 day moving average is GBX 0.02. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.06 and a current ratio of 0.51.
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.
Featured Articles
- Five stocks we like better than Tower Resources
- What Investors Need to Know About Upcoming IPOs
- Celebrate July 4th with These Red, White, & Blue Chip Stocks
- NYSE Stocks Give Investors a Variety of Quality Options
- AbbVie Stock: A Perfect Dip for Investors to Buy
- What is the Euro STOXX 50 Index?
- Forget NVIDIA: Super Micro Computer Stock Leads in Momentum
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.
