Shares of Tower Resources plc (LON:TRP – Get Free Report) were up 14.7% during mid-day trading on Monday . The stock traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 466,474,688 shares changed hands during mid-day trading, an increase of 56% from the average daily volume of 298,130,594 shares. The stock had previously closed at GBX 0.03 ($0.00).
Tower Resources Stock Down 2.7 %
The stock has a 50-day moving average of GBX 0.03 and a 200 day moving average of GBX 0.02. The company has a quick ratio of 0.06, a current ratio of 0.21 and a debt-to-equity ratio of 0.07. The company has a market capitalization of £6.47 million, a PE ratio of -2.65 and a beta of 1.12.
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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