Tower Resources Ltd. (CVE:TWR – Get Free Report)’s stock price rose 25% on Wednesday . The company traded as high as C$0.15 and last traded at C$0.15. Approximately 154,253 shares were traded during trading, an increase of 50% from the average daily volume of 102,948 shares. The stock had previously closed at C$0.12.
Tower Resources Stock Performance
The business has a 50-day simple moving average of C$0.13 and a two-hundred day simple moving average of C$0.11. The stock has a market cap of C$23.37 million, a price-to-earnings ratio of -280.00 and a beta of 0.58.
About Tower Resources
Tower Resources Ltd. engages in the acquisition, evaluation, and exploration of mineral properties in Canada. The company primarily explores for gold, silver, and copper deposits. Its properties include the Rabbit North project that comprises 34 mineral tenures covering an area of 16,400 hectares located in the Kamloops mining division of British Columbia; the Nechako gold project, which includes 10 mineral tenures totaling 2,975 hectares situated in the Nechako Plateau Region of central British Columbia; and the More Creek project that consists of 5 mineral tenures totaling 6,430 hectares located in the Golden Triangle District of northwest British Columbia.
Featured Articles
- Five stocks we like better than Tower Resources
- How to Invest in the FAANG Stocks
- Survey Reveals: Top 150 Best Coffee Shops for Remote Workers and Business Deals [2025]
- Best Aerospace Stocks Investing
- What Does the Future Hold for Eli Lilly?
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- Oracle Stock Drops Nearly 14% – Is Now the Time to Buy?
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.
