Shares of Tower Resources Ltd. (CVE:TWR – Get Free Report) fell 3.7% on Wednesday . The company traded as low as C$0.13 and last traded at C$0.13. 124,000 shares traded hands during mid-day trading, an increase of 32% from the average session volume of 93,656 shares. The stock had previously closed at C$0.14.
Tower Resources Trading Down 3.7 %
The firm has a 50-day moving average of C$0.14 and a two-hundred day moving average of C$0.12. The firm has a market capitalization of C$20.25 million, a P/E ratio of -280.00 and a beta of 0.58.
Tower Resources Company Profile
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 Technical Indicators Can Help You Find Oversold Stocks
- Buffett’s on the Sidelines – Should You Follow?
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- AST SpaceMobile Stock Surges 17% After Analyst Upgrade
- Growth Stocks: What They Are, What They Are Not
- 3 Stocks With Triple-Digit PEs That Are Still Worth a Look
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.
